Recording Inventory for retail sale and manufacturing
Derek Atkins
warlord at MIT.EDU
Thu Sep 8 11:23:26 EDT 2016
Hi,
- - <sarah.oloya at waribe.net> writes:
> Hi Derek,
>
> Thank you very much for your prompt response. That is what i did, but it means
> i can't run a volume based report.
I'm not sure what a "volume based report" is. It's possible one could
be written.
> Because stock can't be loaded that means we can't set product prices too.I
> have seen the job files for raiding invoices. But the products and prices are
> not stored in one repository.
Yep, this is true. This is part of what I mean by GnuCash doesn't
support Inventory.
> Also i couldn't find where the invoices connect to the sales account. Can you
> please guide me here if am missing something.
Each line-item in an invoice connects to Sales. When you post the
invoice is adds it to the CoA, linking your Income (Sales) to A/R.
> Thanks for your response.
>
> Sarah Oloya
-derek
> On 07 September 2016 at 15:46 Derek Atkins <warlord at MIT.EDU> wrote:
>
> Hi Sarah,
>
> "Sarah Oloya" <sarah.oloya at waribe.net> writes:
>
> Hi All,
>
> I have a business that processes and also sells finished products. I
> am
> trying to setup accounts in GnuCash, but inventory account for
> businesses
> such as mine seem to be difficult to find. Can anyone help to me the
> right
> direction?
>
> Unfortunately GnuCash really doesn't have an Inventory subsystem.
> You can fake it by using Stocks for your inventory widgets.
> Or you can just track your Inventory Value in Asset accounts.
>
> Hope this helps,
>
> Sarah Oloya
>
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>
> -derek
>
> --
> Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
> Member, MIT Student Information Processing Board (SIPB)
> URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
> warlord at MIT.EDU PGP key available
>
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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