• Unable to fix negative COGS due to adjustments in inventory module ?

    We are a factory using Sage 50 Quantum. We use average cost and quantities were not negative. I managed to set the correct quantities and values of the inventory by using the inventory module, by first resetting the value to 0 in the module and then adding…
  • Departments and COS

    I hope I can explain this correctly. I'm looking at setting up a Dept for a single business unit that we'd like to track separately from the overall business. So far it looks like it will work very well. The only thing that I can't seem to get to work…
  • How to add an inventory purchase that will be paid over time but a customer invoiced will be issued right away?

    Here's a scenario I need help entering into Sage 50 Canadian: We purchase a piece of inventory on a "lease" program (we make equal payments over 36 months) from a US supplier. Let's say the inventory piece is $36K USD, CDN equivalent would be $48,600…
  • 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…
  • Year End Inventory Discrepancy

    Hi, It seems I’m going in circles regarding Inventory figures not showing up in COGS. So I will attempt to describe the issue as simply as possible. We make use of a periodic inventory, i.e. end of year count. I initially setup all account balances…