Скачать или смотреть QB Online - Move Inventory to Project Costs

Short video on how to move items tracked in QB online inventory and assign it to a cost of goods sold account and have the value tracked in the QB Project feature.

Prerequisites:
1) Know how to create inventory items in QB
2) Know how to create a new "Temporary - Cost of Good Sold" account in the chart of accounts
3) Know how to receive inventory into QB through the Create PO and Covert to Bill Process

Main Steps:
1) Move inventory items to "Temporary - Cost of Good Sold" account using the Inventory Quantity Adjustment function in QB
2) Issue a Journal Transaction where you credit the amount in the "Temporary - Cost of Good Sold" account and debit the final "Cost of Goods Sold" account. The debit transaction line is assigned to the desired project.