Does anyone know a workaround for Inventory in EA. When a purchase order is recorded the goods immediately go into inventory. This is unrealistic and potential for major problems. Often a PO is written and goods are not received for up of a couple of months. Some sooner some later.
Second, the goods do arrive they need to be entered into inventory. Often shipped to customers immediately. This software apparently does not enter items in inventory until the bill arrives. The bill can arrive several weeks after the goods.
I entered an opening balance for items with their associated cost and sell price.
Some have been sold but and shipped but the income statement shows 100% profit, no deduction for cost of goods. Any thoughts?