MOVING PAID INVOICE COST FROM INVENTORY TO A JOB

Question

We have been purchasing materials in advance of jobs and coding to inventory and paying. I am wondering how to move it out of inventory to the job after the month is closed that they were paid in? Is this something that can be done in job cost? or a journal entry?

Rhonda V · Accepted Answer

In Inventory - Task - Enter Stock Issues. You may need to right click on the screen to show columns. You will enter the IV item, Quantity, Job #, CC, and Category. When you are done, you will post to JC. 
 You may be able to do this in JC through enter direct costs, but it won't fix the value of inventory (it does not communicate back to IV this way). 
 You cannot do this in GL.

Sage Construction & Real Estate

MOVING PAID INVOICE COST FROM INVENTORY TO A JOB

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