• Need Help Please...Inventory costing nightmare

    Our year end is March 31 ......and we use average costing of inventory allowing for negative values. I cannot figure out how to fix this, and it's completely messing with my inventory and financial statements. What is creating this variance line? How…
  • Fix incorrect item cost due to inventory going negative

    I have an item cost that has been messed up for a couple of years now. Sage is currently setup for average costing and to allow inventory to go below zero. This item price fluctuates a bit from suppliers and was being sold before the purchase invoices…
  • How to I enter our opening inventory of finished goods and raw materials so COGS will calculate?

    We are a small manufacturer. We've just finished creating all of our inventory items, including raw materials and finished goods. For finished goods, we used the "build" tab to create our BOMs, which identify the quantities of raw materials required for…