Hi All,

We're a small contracting company, and we just closed our first year.  Last year we didn't link our sales invoices to inventory accounts, rather manually adjusted which wasn't a big deal because we have fewer, larger invoices given our industry and geographical area.

However, I'd like to set up inventory to make adjustments automatically.  Generally, our invoices only have three types of items - materials, labour, and subcontractors.  These are kind of "catch all" where the details of the invoice are added in the item description.  Subcontractors are already set up, and labour is not overly difficult.  Currently we log our purchase invoices for materials in a "Building Materials" asset account and attach to projects.  Ideally, I'd like to be able to pull from that asset account, add a % markup (adjusts for contractor pricing) and record in the corresponding COGS account, while accounting for the markup, if possible.  Accounting for inventory quantities is not important as the materials are purchase on a per project basis and used entirely on each jobsite, so is more of a dollar figure than a count.

I'm new to the inventory module, so I'm not sure how to get started, other than creating the inventory item.  Any help would be greatly appreciated!