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  • Unable to fix negative COGS due to adjustments in inventory module ?

    We are a factory using Sage 50 Quantum. We use average cost and quantities were not negative. I managed to set the correct quantities and values of the inventory by using the inventory module, by first resetting the value to 0 in the module and then adding…

  • RE: Inventory Costs with and inventory service item

    Corey Wirth said: There are costs associated with each course including books, pens, overhead etc. I want to set up a generalized amount to post to the inventory/expense account each time someone takes the course. This will be my cost of goods sold that…

  • Inventory Issue

    I did an inventory adjustment after a count about a month ago, but because we use the average inventory cost the cost of the product was extremely skewed. To fix it we took our inventory down to zero and then moved in the appropriate number / cost…

  • purchase and sale pricing

    Am I mistaken that Sage (Simply) used to have a pop-up in the purchase window that warned if the cost of an inventory part was significantly higher than a previous purchase. I am aware than you can report on goods sold below cost or low margin but I was…

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