No real use in tracking inventory for non physical goods I guess. Inventory is for tracking goods, so unless you have serial numbers or something like it per customer I strongly suggest to use services. Indeed you will end up with negative figures, since you sell "goods" from the warehouse tha are not actually lying there.
I believe you can even add serial numbers to services, but am not sure. >From an accounting point of view, you could say that the software was produces, and attach an equal fixed portion of all costs to the calculated COGS (wages, energy, rent etcetera) of each piece of software. Then use that as cogs and use the calculated figures to check if the actual costs are over or under budget. On the other hand, just use zwero cogs and leave COGS in the loss paert of the P&L and get the profit part per sale of services works just as well I guess. At the end of the year, you can use sold services to calculate what part of profit you want to attach to what part of software. Or use projects per software if there are more sorts of software.. Hth Paul 2011/11/23 Rich Shepard <[email protected]> > On Wed, 23 Nov 2011, Jeff Kaminsky wrote: > > We create software, and I feel weird adding it via a zero dollar purchase >> order like an inventory part. We basically have an unlimited supply and I >> wasn't sure if there was a way to sell it without first having it in >> inventory. >> > > Jeff, > > Put your services in the inventory. We have no goods in there, only > services as that's all we sell. > > Rich > > ______________________________**_________________ > SQL-Ledger mailing list > [email protected] > http://lists.ledger123.com/**mailman/listinfo/sql-ledger<http://lists.ledger123.com/mailman/listinfo/sql-ledger> >
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