• Sage 50 US - Inventory Adjustment impacted prior month COGS

    Current month inventory adjustments were made. system using average cost method. some inventory got write off or adjusted up, and then noticed few prior month's COGS increased, not all prior month, but the impact was hitting April to July's PL. …
  • Buy & Sell Inventory with different part numbers

    Hello. I'm trying to sort through our inventory and I'm looking for a way to purchase a part that comes as a kit and then sell the individual pieces from said kit. The problem is the kit is one part number and the individual pieces are another. I have…
  • Sage 50 for Poultry and Crop Production Business

    Please I need an idea on how to set up and use Sage 50 for poultry and crop production business that produces and sells egg, chicken, feed and agricultural produce. What item class is best for the egg, chicken, agricultural produce and feed produced.…
  • Inventory adjustment List will not load

    Hello everyone, We are using sage 50 accounting 2020. We added columns to our list from the settings menu on the inventory adjustments window. Now we are unable to load the data, it just continues to attempt to load. And because it is loading, access…
  • Inventory set up for job costing

    My company has been using general journal entries to enter costs for inventory items so that they would be costed into each job. We didn't set up inventory when we switched to Sage 50 because we weren't going to have a large enough inventory. Now we are…
  • Inventory adjustment for scrap parts

    Hi, I received a list of scrap parts. All these items were already adjusted in the inventory. The total value of these scrap parts is $2450. Do I also have to post an entry journal for the loss? If it is so, do I have to debit to the account Scrap/Inventory…
  • Daceasy 13 to Sage 50

    I bought a manufacturing company that has used Daceasy 13 for the last 10 years. I need to import vendors and customers and products and inventory into Sage 50. The accounting is starting from zero since it was an asset purchase. I have talked with 3…
  • Cost of sales/inventory question

    Hello. We are a small commercial janitorial services providers. Besides services, we also sell consumables (paper towels, etc). Entering the items we resell is not an issue, COS gets calculated properly, and so forth. Our issue is with items that we…
  • RE: UNKNOWN Inventory Receive, Peachtree is not stable?

    Make inventory adjustments in an open year. Tax Returns were filed and you cannot change that information unless you are willing to file an amended tax return. The program is stable. I think your issues are with human error. I would check the inventory…