• Buying material from a customer

    We're in a one-off situation where we are buying material from one of our customers, instead of a vendor. This customer has something that we need. The customer asked us to reduce their next invoice by this amount. Let's say the item# is ABC and we are…
  • Inventory items - non stock vs stock item issues

    I am trying to reduce the amount of time to address inventory issues with licenses we purchase for our service business. We do have to track how many are sold to each client per monthly period, and how many purchased for that same period. I've tracked…
  • Prepaid Supply Inventory Account

    Hi, I started working in a distributor company. and we use Sage 50. We have only one inventory account in our chart of accounts for our products to sale and for supplies (warehouse supplies-packaging, catalogs). Is it correct to have only one account…
  • Offsite Inventory

    Hi, my company is a distributor. We work with Sage 50. We will have to send some products of the inventory to a third party company to be cleaned and then these products will be returned to us. Is it correct to create an inventory account named "Offsite…
  • How to handle cost of goods for products sent to supplier and used in making a new item?

    We sent product out to another company who converted the materials into displays. We have since received the displays and the invoice from this vendor, but I am stumped on how I should go about moving the cost of goods in SAGE for the materials/products…
  • Inventory Locations; Inventory purchases via credit card

    I currently own Peachtree Pro 2013. As treasurer of two non profit organization, it has worked fine over the past couple of years for those two organizations. I am now launching a home based vending machine business, and in setting up, have come across…
  • How should we be handling shipping?

    We currently have shipping entered as a stock item in inventory. When someone receives an order that contains shipping, the unit cost of shipping reflects the amount we were charged for shipping on that order. This has done a number on our reports. Can…
  • BOM revision

    Built a serialized assembly; then revised BOM - adding more items - built another serialized assembly and Sage 50 changed the cost on the first item built. Cost and number of components used changed on the first item to equal the amounts after revision…