• 7+ years of inventory mistakes, major inventory and COG discrepancies

    Hello! I started work for a company less than year ago - a small business (just me and the owner). She has owned the business for 4 years, and she inherited a very misused version of Sage. Inventory and costs seem to have been never entered correctly…
  • Using inventory and build from BOM correctly

    Hi Everyone, I am currently working for a company where they have not been utilizing the inventory module correctly- we are using Sage 50 Quantum Accounting. Currently we have all of our inventory (raw Materials, packaging and FG in Sage. We are only…
  • Need Help Please...Inventory costing nightmare

    Our year end is March 31 ......and we use average costing of inventory allowing for negative values. I cannot figure out how to fix this, and it's completely messing with my inventory and financial statements. What is creating this variance line? How…
  • Can't process sales invoice due to cost of inventory items change

    Hi, all: While I modified a sales invoice, this is error message: "The cost of one or more items has changed since you started processing this transaction. If you recently printed this transaction's Detail report, reprint the report to see the effect…
  • Inventory Variance and Discrepancy between Balance sheet GL account and Summary

    Hi all, I have a question regarding inventory variance that appeared after correcting inventory location in a purchase invoice. Instead to take out an inventory item from one location and put in to other the system created a huge inventory variance entries…
  • trying to get inventory correct

    Last year there were adjustments made to add inventory using the date of 12/31/16 (NOT ME) adding parts that were just not here or really old parts. I need to get them off my bottom line because we do not have that much inventory. I know since I closed…
  • Inventory and item cost problem

    Hi We have a problem with my inventory. We do house and buidling wiring. We sold and install different type of cable and sometime it's sold foot by foot or in a package and I have an ''service'' item for that purpose. Also since we are in canada…
  • Cannot enter inventory adjustments. Help please?

    Using sage 50 premium accounting. I recently started at a place that has their inventory listed in sage. It is our year end now, and I can't make inventory adjustments to actual because: When their inventory items were originally entered, they entered…
  • Voiding an Invoice

    Hi everyone. I was hoping someone could help me or guide me on this situation. I have a customer who signed a contract and gave a deposit in 2015, however, same customer decided to cancel the job when we were ready to start this year. My question is…
  • Historical Inventory - Help!

    On April 1, we set up historical data for our inventory products. Several of these inventory accounts used serialization. Switched to go live, and then when trying to process a sale, the items associated with serialization would freeze the system. After…
  • Vehicle for sale

    Recently our company has started selling vehicles. I need to set up each vehicle as a cost object (I say cost object because I have considered doing and inventory item or perhaps a project) that needs to have the ability to have costs added to it such…
  • Inventory and Project Help

    Hi I have 2 issues I am trying to figure out and would value any assistance 1. Inventory raw material We buy sheet metal by the plate size and sell by the sq ft but often the cost of the same material thickness will vary by the size and quantity…
  • Unable to delete a PO

    Hello everybody, need your help here. First, I'm using Sage 50 Quantum 2013. So here's the problem ; I'm trying to flush 2 PO out of our system but they don't want to go. Here's the error I get : "Sage 50 can not find the stock part of this transaction…