Sage 50 US

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How to handle cost of goods for products sent to supplier and used in making a new item?

Posted By DeniseGr over 5 years ago

We sent product out to another company who converted the materials into displays.

We have since received the displays and the invoice from this vendor, but I am stumped on how I should go about moving the cost of goods in SAGE for the materials/products we provided for the displays we now have in inventory.

Best Business Strategies over 5 years ago

Are you selling the displays or using them yourself for displays?
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DeniseGr over 5 years ago in reply to Best Business Strategies

Selling them
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Best Business Strategies over 5 years ago in reply to DeniseGr

Great, so you can handle this a couple of ways but the best way would be to create an assembly inventory item in Sage 50.

This will have the bill of materials (your stock items) and you can add in labor as an admin item.

Once the assembly item is created, you will create a work ticket to pull you assembly together in Sage 50.

For more information you can go to the Help Tab > index and look up inventory assemblies.

To see an example you can open the sample manufacturing and distribution company that comes with your software. You can see how they created the assemblies and bill of materials there.
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Sage 50 US

How to handle cost of goods for products sent to supplier and used in making a new item?

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