[GNC] How to handle inventory assets in GnuCash?

[R Losey]

Granted, and all good points, but they weren't listed in the original
question, so it gives a better idea of what you are looking for.


On Tue, Dec 20, 2022 at 5:47 PM Michael or Penny Novack <
stepbystepfarm at comcast.net> wrote:

> On 12/20/2022 6:00 PM, R Losey wrote:
> > I guess it would depend on how detailed you wanted to be... you could
> > create an Inventory asset category, and create as many sub-categories as
> > you need to.  Purchases add to the inventory; sales delete from it, etc.
>
> Yes, but the connection to general ledger (the sort of things here) are
> only a small part of an :"inventory system". OTHER pieces would be
> things like (but not limited to)
>
> 1) Where are these widgets kept? (in what building, on what shelf, etc.)
>
> 2) What is the re-order point? (when the number of widgets left falls
> below X, order more_
>
> 3) From whom are they ordered? (supplier information)
>
> 4) Alternate suppliers (if the one in "3" can't fill the order)
>
> 5) Usually batch information (cost not necessarily the same for widgets
> added to inventory at different times). I've usually just used an
> account per batch in the general ledger and so could store that
> information in the description but the organizations tended to be
> selling very few different sorts of things.
>
> ......
>
> Michael D Novack
>
>
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-- 
_________________________________
Richard Losey
rlosey at gmail.com
Micah 6:8