FrontAccounting forum — Cost of goods sold (services)

Re: Cost of goods sold (services)

null@example.com (A.A) — Thu, 15 Jun 2017 05:57:44 +0000

I create 4 services Items. I set the type of all of them "service".I select cost of good sold in GL Account as C.O.G.S. account. but still enter inventory in warehouse. I thought there is something else that I should set up.

Re: Cost of goods sold (services)

null@example.com (erwindebruin) — Wed, 14 Jun 2017 17:37:50 +0000

you have selected the wrong "item type" in the "inventory/items" > "items" screen. Select "service" instead of purchased.

Re: Cost of goods sold (services)

null@example.com (A.A) — Wed, 14 Jun 2017 09:29:30 +0000

you are right but the problem is FA add the services I bought to warehouse it increase my Inventory dummy.

Re: Cost of goods sold (services)

null@example.com (apmuthu) — Wed, 14 Jun 2017 08:48:16 +0000

Service if bought from a supplier and then sold is not a native service of the company. See if a "charges" item type suffices.

Re: Cost of goods sold (services)

null@example.com (A.A) — Wed, 14 Jun 2017 04:07:13 +0000

Does it mean that no one experience it before?

it means no one have services activity in FA members?

Cost of goods sold (services)

null@example.com (A.A) — Tue, 13 Jun 2017 11:23:00 +0000

I invoiced a services Item which had been invoiced by supplier and I enter it, but FA doesn't made a transaction that transfer the cost of that service to COGS, so it makes my inventories more than fact.

I mean when I enter a supplier invoice my inventory increase but by sales invoice it doesn't decrease or doesn't increase a opposite code.

I was careful about COGS code in GL Accounts item.

What should I do?