Using a single expense account for all write off transactions, then running the General ledger report.Some options for viewing an inventory write-off summary are: There is no import/export functionality in this section, so it is not possible to view a summary report of inventory write-off transactions from here. Clicking on an inventory write-off will show you the details including the accounting transactions for that write-off. View a list of all inventory write-offs from Inventory → Inventory write-off or Production → Inventory write-off. The inventory write-off will then be available on the job screen ready to be invoiced to customers. This will write off the cost of the inventory to the job sub-account. Click + and then select the relevant products and/or services from your inventory.If the inventory write-off was created through the job, this will be filled in automatically. Select the expense sub-account dedicated to the job in question.Navigate to Production/Inventory → New → Inventory write-off/Expense allocation or navigate to Production → Jobs, select the job to assign inventory to and click New Expense → Inventory write-off/Expense allocation.The inventory write-off function is also used to allocate expenses of stock and services from your inventory to a job. Inventory write-off/expense allocation for job costing This will write off the cost of the inventory to the selected expense account. Cost will be automatically calculated using your chosen Costing Methods and previous transactions. Identify the Quantity which will be written off.To add a product or service to be written off, click + and then select the relevant product or service from your inventory.Identify the Location where stock will be written off. Navigate to Production/Inventory → New → Inventory Write Off.Stock items written off will be removed from your available inventory. Inventory write-offs are managed from the production module or inventory module. Viewing inventory write-off transactions.Inventory write-off/expense allocation for job costing.Users require the user permission Production → Inventory write-off tasks to create and edit write off tasks.NOTE: Non-inventory products are not available for write-off. In accounting terms, inventory write-offs are functionally identical to stock adjustments.
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