How to enter spoilage/thrown items
US QuickBooks Premier : 2011: Retail
How do I enter items that we prepared but threw away due to spoilage (we are a convenience store)
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cclEkmrHir4yUOacwZ5xHE
01/23/12 2:35pm PST
Viewed by asker 01/24/12 7:23am PST
Viewed by asker 01/24/12 7:23am PST
3 Replies
Rustler
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01/23/12 2:36pm PST
Use inventory adjust, set the adjusting account to COGS or a sub account of COGS called spoilage, lower the qty on hand
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My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
01/23/12 2:46pm PST
I do not use QB to track inventory. How would I do it them. I cannot find anything about inventory adjustment in my qb
Rustler
Questions asked: 129
Questions answered: 41405
Points earned: 102632
Questions answered: 41405
Points earned: 102632
Allstar
Advisory council of community power users.
Intuit Moderator
Mod/Co-mod
01/24/12 3:54am PST
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You would have to explain how you are tracking inventory then, before anyone can help you
If I've helped, mark it solved.
My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
