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kalamataoliva

Automatic COGS allocation to Cost of Sales account via Item Unit Purchase Price

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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

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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.

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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!

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