• Tracking external processing item costs Sage 50 Quantum

    Hi, I'm trying to determine what the best way to track the costs of external processes on inventory items? hoping some folks around here could chime in. RM=RAW MATERIAL AS=ASSEMBLY FG=FINISHED GOOD EXAMPLE: 1. 10 x Widgets item number (RMWIDGET1…
  • Using inventory and build from BOM correctly

    Hi Everyone, I am currently working for a company where they have not been utilizing the inventory module correctly- we are using Sage 50 Quantum Accounting. Currently we have all of our inventory (raw Materials, packaging and FG in Sage. We are only…
  • 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…
  • RE: Asset value versus COGS

    Hi Traf You stated the following in an above post "I can manage it by using “Additional cost” in the product nomenclature, by adding 70$ but, because the labor, electricity... are already calculate as a “general” cost elsewhere, I double the real…