• 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…
  • RE: Asset value versus COGS

    Hi Traf, To the best of my knowledge, the price that you sell the item should have nothing to do with cost that you acquire the item. Since I am not an accountant or bookkeeper, it is better for you to double confirm it with an accountant as per suggestion…
  • RE: How to change Unit of measure of inventory while there is some stock

    Hi Traf, You may have already known that. Once an inventory item is used in a transaction, you can no longer change Selling Units or Buying Units configuration. They will be grayed out. You can only change their unit of measure by changing the Stocking…
  • Peachtree CA 2012 Inventory miscalculation problem

    I hear you..upgrade, upgrade...Not until I purchase new machines running Windows 2007 next year My problem is: My customer order 5,000 feet - 1 line item I order 5,000 feet from the factory - 1 line item The factory ships 5,500 feet I receive 5,500 feet…
  • Need help with General Entry Adjustment

    Hello I am using the Sage Simply Accounting Premium 2012 for our business' accounting. I am trying to fix an error made by another person when she was using General Journal to adjust our inventory. She has entered the wrong amount from Inventory A…
  • RE: Rolling over to new fiscal year error message

    Hi Better Your Business Bookkeeping Services, This message is complaining that there is a balance in your inventory accounting 1290, but it is not supported by or the same as the sum of inventory items using this account as their asset linked account…