Dear Jeff Haven't tried this, but it would seem that 'Service Items' are maybe your choice for software, as these can be for zero items.
Services are non-tracking items (ie there is no stock) and therefore there is no impact on COGS. We have found in the past surprises with the entries generated by the issue of credit notes for parts (when they should be services) - (not sure we fully understand the Dr/Cr generation yet) but it seems best to steer clear and use Services. Regards Jean-Pierre _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ /_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/ Jean-Pierre Guillou Director *DCDM Management Services Ltd* Tel PABX : (230) 202 3000 Tel Direct : (230) 202 3057 Fax : (230) 208 0086 Web :www.dcdm-ms.com Business Registration Number : CC07051938 ******************************************************************** Privileged/Confidential Information may be contained in this message. If you are not the addressee indicated in this message (or responsible for delivering the message to the intended recipient), you should not read it, nor copy or deliver this message to anyone. In such case, you should destroy this message and kindly notify the sender by reply E-mail. Opinions, conclusions and other information in this message that do not relate to the official business of any member firm of the DCDM Organisation shall be understood as neither given nor endorsed by the firm. On 28 November 2011 21:01, Jeff Kaminsky <[email protected]> wrote: > ** > We sell hardware mainly. The easiest solution was to just create a dummy > number of software licenses as an inventory item, and let them naturally > decrement. > > Jeff > > > On 11/23/2011 19:57, Jean Pierre Guillou wrote: > > Jeff > > Do you only sell software or do you sell other items also (with purchases)? > > If you only sell software, think about using Projects. > > Your sales are then processed via AR Transactions (with no link to stock) > and you allocate to the project. > > Any purchases (including staff costs, overheads etc) can then be processed > via AP Transactions and also be allocated to the project(s) (A cost can be > allocated to one or more projects in the same transaction). > > Thereafter, you can take out Profit & Loss statements in the normal way, > or for individual projects. > > Hope this helps > > Regards > > Jean-Pierre > _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ > /_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/ > Jean-Pierre Guillou > Director > *DCDM Management Services Ltd* > > Tel PABX : (230) 202 3000 > Tel Direct : (230) 202 3057 > Fax : (230) 208 0086 > Web :www.dcdm-ms.com > > Business Registration Number : CC07051938 > ******************************************************************** > Privileged/Confidential Information may be contained in this message. If > you are not the addressee indicated in this message (or responsible for > delivering the message to the intended recipient), you should not read it, > nor copy or deliver this message to anyone. In such case, you should > destroy this message and kindly notify the sender by reply E-mail. > Opinions, conclusions and other information in this message that do not > relate to the official business of any member firm of the DCDM Organisation > shall be understood as neither given nor endorsed by the firm. > > > > On 23 November 2011 22:01, Jeff Kaminsky <[email protected]> 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. >> >> I want it to behave like a taxable service, except its not a service. >> >> thx >> >> -- >> Jeff Kaminsky >> Sr. Accountant / Logistics >> IX Systems >> 408-943-4100 ext 122 >> 408-943-4101 fax >> >> _______________________________________________ >> SQL-Ledger mailing list >> [email protected] >> http://lists.ledger123.com/mailman/listinfo/sql-ledger >> > > > _______________________________________________ > SQL-Ledger mailing > [email protected]http://lists.ledger123.com/mailman/listinfo/sql-ledger > > > > -- > Jeff Kaminsky > Sr. Accountant / Logistics > IX Systems > 408-943-4100 ext 122 > 408-943-4101 fax > > > _______________________________________________ > SQL-Ledger mailing list > [email protected] > http://lists.ledger123.com/mailman/listinfo/sql-ledger > >
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