kalamataoliva Posted February 24, 2014 Share Posted February 24, 2014 Hello all, have you been able to automatically allocate the COGS as an expense in order to be balanced against the inventory? Within the 'Item' Express Accounts configuration, there is a Cost and Expense option. If EA does not support that, how are you managing to reduce the Inventory value overtime? Thank you for looking into this! Perikles Link to comment Share on other sites More sharing options...
Mohamedali Posted March 4, 2014 Share Posted March 4, 2014 Hi I am looking for the same, although the item quantities are synced with inventoria and mapped to the expense accounts but there is no auto allocation/entry to inventory nor to COGS. This is a major fail for the software in my opinion. Waiting to see any solution. Link to comment Share on other sites More sharing options...
Nasir Posted October 9, 2018 Share Posted October 9, 2018 I am looking for the same, I think Its need manual calculation for the each sale invoice and then manual generate entry in Journal (Credit: Inventory and Debit: COGS). Looking for best solution! Link to comment Share on other sites More sharing options...
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