Consumable items

[Former Member]

HI

Our clients wants the DEADSTOCK items to be tracked physically but it should not affect the inventory account.

We set G/L account determination as "Item Groups".

so how we can we track these DEADSTOCK items physically without affecting the accounts.

[Former Member]

Hi,

It is depending on how you accounting deal with them. If those DEADSTOCK items valueless, you can re-valuate them to minimum amount or 0 if possible. Then you will have only quantity but no value affect your account.

Thanks,

Gordon

[Former Member]

Thank you guys

[Former Member]

Hello,

You can check inventory report(Inactive Item).

report part never affect the inventory account

may it will help you .

Thanks

Manvendra

[Former Member]

Hi,

we caan use sales analyis report for dead stock aut too much slow moving items in our inventory......

in sale report " sale analyis " item wise

Thanks,

RAJPUT

[Former Member]

HI Jitendra,

If we do any transaction with the items,sure it will affect the inventory account.

so they don't want the inventory account to get affected....

whats ths best practice to do this?

Edited by: kambadasan on May 13, 2011 11:33 AM

[Former Member]

Hi,

We can use "INACTIVE ITEM" report for those item which one not move OR sale for long time.....

Thanks,

RAJPUT

[Former Member]

hi

if you want to that your dead stock should not effect the inventory account then mark the respective item as inactive item and once the items are marked as inactive items they wont be picked in any document and would not be present in the automatic JE passed

Hope this would suffice your concern

Regards,

Manish