Thanks for your advice. Your second suggestion leaves the farmer with no measurement of his stock, so I think your first suggestion will be preferred. Although I still would have to figure out how the cost of goods sold will be associated with the right department.
Mostly the fertiliser will be used per sack, being a part, not a live stock, if that answers your 'pun' :) ario On Wed, 2010-07-28 at 08:44 +1200, Barry Clearwater wrote: > One method to move it out of stock is to sell it to a customer, where > the customer is your own company; > You sell it for zero dollars, moving it out of inventory, no profit > recorded but a cost of goods sold recorded. > No cash moves so I would suggest *not* doing what you've suggested > below because it will inflate your sales figures and possibly affect > your tax position. > > The preventative measure for this problem is that if you are buying > fertilizer that you do not intend to sell on, purchase it with a > vendor transaction rather than a vendor invoice. This way you select > the expense category upon purchase. > If the fertilizer is on the same invoice as items you intend to sell > on, create a vendor invoice and a vendor transaction, use the same > invoice number and date for both. > > In general, I would suspect a farmer does not need stock control in > the "parts" sense, perhaps in the "live" sense ;-) > > Regards > Barry > > On 28 July 2010 02:42, ario <[email protected]> wrote: > Hi Gerald, > > thanks, that sounds easy. > > But, how will the cost of the fertiliser appear in the 'costs > of goods > sold' of the specific department which consumed the > fertiliser? > Thinking of it, the follwoing solution pops up in my mind: > Maybe through a simultaneous cash transfer? > > 'fertiliser stock' dept: > cash debited by X > inventory credited by X > > 'couliflower on area 1' dept: > cash credited by X > costs of goods sold debited by X > > both cashes are the same company cash, only appearing under > different > departments. So the company cash position won't change a bit, > the > inventory is credited and the costs of goods sold are debited. > > Does this sound correct? > > thanks > > ario > > > On Tue, 2010-07-27 at 09:55 -0400, Gerald A wrote: > > Hi Ario, > > > > On Fri, Jul 23, 2010 at 7:11 PM, ario > <[email protected]> > > wrote: > > > > for a farm there is fertiliser in stock, purchased > some time > > ago and > > recorded through 'vendor invoice', hence recorded as > inventory > > in stock. > > Now the farmer is spreading some of this stocked > fertiliser on > > the soil, > > but he is not selling any, nor does he know how much > produced > > end-goods > > (kg produce) will result from his current farming > operations. > > How is the consumption of this fertiliser to be > recorded and > > moved out > > of the inventory and charged to that particular > > 'department' (specific > > area) and project (cropping type and date) of the > farm without > > selling > > any to a third party? > > I'm quite stuck with this as the only possible way I > see to > > move this > > used fertiliser out of the inventory is through > selling. > > > > I'm still getting my feet wet in ledger-smb, so I can't give > you a > > definitive answer. > > > > However, there must be a way to "consume" things out of > inventory > > without selling > > them. I think of a paper company -- when they need paper, > they just > > remove it from > > inventory. This would be similar to any process where a > company keeps > > supplies on > > hand. > > > > Now, as a pure hack, if no one else responds with the > "correct" way to > > do this, you > > could create a "customer" called internal who you "sell" the > goods to. > > Since the > > goods are paid for, you could "charge" the internal customer > $0 and > > this would > > allow your fertiliser to be consumed. > > > > It's a hack, and I'd love to hear the real way to approach > this. > > > > Thanks, > > Gerald > > > > > > > ------------------------------------------------------------------------------ > > The Palm PDK Hot Apps Program offers developers who use the > > Plug-In Development Kit to bring their C/C++ apps to Palm > for a share > > of $1 Million in cash or HP Products. Visit us here for more > details: > > http://ad.doubleclick.net/clk;226879339;13503038;l? > > http://clk.atdmt.com/CRS/go/247765532/direct/01/ > > _______________________________________________ > Ledger-smb-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > > > ------------------------------------------------------------------------------ > The Palm PDK Hot Apps Program offers developers who use the > Plug-In Development Kit to bring their C/C++ apps to Palm for > a share > of $1 Million in cash or HP Products. Visit us here for more > details: > http://ad.doubleclick.net/clk;226879339;13503038;l? > http://clk.atdmt.com/CRS/go/247765532/direct/01/ > > _______________________________________________ > Ledger-smb-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users > > > > > -- > > Barry Clearwater > Managing director > BC Systems Consultancy Limited > > Email: barryc - at - bcsystems dot co dot nz > ------------------------------------------------------------------------------ > The Palm PDK Hot Apps Program offers developers who use the > Plug-In Development Kit to bring their C/C++ apps to Palm for a share > of $1 Million in cash or HP Products. Visit us here for more details: > http://ad.doubleclick.net/clk;226879339;13503038;l? > http://clk.atdmt.com/CRS/go/247765532/direct/01/ > _______________________________________________ Ledger-smb-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users ------------------------------------------------------------------------------ The Palm PDK Hot Apps Program offers developers who use the Plug-In Development Kit to bring their C/C++ apps to Palm for a share of $1 Million in cash or HP Products. Visit us here for more details: http://ad.doubleclick.net/clk;226879339;13503038;l? http://clk.atdmt.com/CRS/go/247765532/direct/01/ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
