peach info Homepage
Forum Home Forum Home > Clients and Guests > Q&A Clients & Guests
  New Posts New Posts
  FAQ FAQ  Forum Search   Register Register  Login Login

Kits using Zero Tick Items

 Post Reply Post Reply
Author
Message Reverse Sort Order
peach View Drop Down
Admin Group
Admin Group

THE BOSS

Joined: 01-Jan-2006
Status: Offline
Points: 1295
Post Options Post Options   Thanks (0) Thanks(0)   Quote peach Quote  Post ReplyReply Direct Link To This Post Topic: Kits using Zero Tick Items
    Posted: 31-May-2013 at 12:00

Scenario             

 

A kit (Z9K) consists of 2 parts

1 x Z9 cost $5.00

1 x Labour cost $1.00

 

Total Kit Cost $6.00

 

When the kit is built your stock increases by $6.00 (even if it is built during a sale or transfer it is built first)

 

So now In Stock Value of Z9K  is $6.00                    Stock Credit       $6.00

Z9 now -1 x $5.00                                                             Stock Debit                         $-5.00   

Labour  -1 x $1.00                                                             Stock Debit                         $-1.00

Balanced Transaction                                                                                     $6.00    $-6.00

 

If Labour did not move to negative because of the Zero Tick your stock value would have changed for no reason. E.g.

 

So now In Stock Value of Z9K  is $6.00                    Stock Credit       $6.00

Z9 now -1 x $5.00                                                             Stock Debit                         $-5.00   

Labour  -1 x $1.00                                                             Stock Debit                         $-0.00

Balanced Transaction                                                                                     $6.00    $-5.00                    Now stock has increase by $1.00

 

At the end of the month you can report negative stock figures and journal as you which using the second tab of the stocktake screen.

Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 11.04
Copyright ©2001-2015 Web Wiz Ltd.

This page was generated in 0.094 seconds.