I took inventory for use in our operations

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Posted on by Robin Wiebe

955

Hello. WE took some glue we had in inventory (a stock item to sell) and used it in our operations. Now my count is off, but we did actually use it. How do I handle?

Thank you in advance

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Kelly Dettmann on at

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Re: I took inventory for use in our operations

Hi Robin,

It sounds like you have a good suggestion to take care of this. Let us know if you need anything else.
Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at

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Re: I took inventory for use in our operations

Robin, if you change the account distribution for the Inventory Offset account in the transaction, it will credit inventory and debit whatever expense you choose.
Robin Wiebe 955 on at

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Re: I took inventory for use in our operations

Thanks Mike, but wouldn't that just lower overall inventory value and not account for the cost of taking

the product and using?
Mike Smith 6,840 on at

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Re: I took inventory for use in our operations

You could enter an inventory adjustment/variance from Inventory > Transactions > Transaction Entry to account for the item used.