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Frequent Explorer *

Stock. How do I add used stock to a project.

Hi All

 

I have watched the how to set up stock etc.

 

We dont actually sell stock (screws, silicone, etc) but they are used on the building projects. 

 

Currently we use spreadsheets to do costings of each project.  So all the items purchased go on them.

 

Now Purchases from suppliers that are for each project is easy they are in the customer/project.

 

But I want to set up stock of items like screws etc.  But we dont sell them to the project.  So how can I get them on the project profitability report. Without creating an invoice that will never get paid.  We get paid via valuations each month.

 

I hope I have explained this ok. 

Solved
Best answer 02-26-2019

Accepted Solutions
QuickBooks Team

Re: Stock. How do I add used stock to a project.

Hello Wright,

 

We apologise if this will not be suitable for your business. Please use our feedback tool within the cog wheel menu to submit this as an option for future updates - hopefully it will be implemented if possible.

 

Thanks,

Talia

5 REPLIES 5
QuickBooks Team

Re: Stock. How do I add used stock to a project.

Hello Wright,

 

When recording purchasing the items, you would enter the project name in the 'Customer/Project' box within Item Details. This will post the amount of that transaction line to the project.

 

Thank you,

Talia

Frequent Explorer *

Re: Stock. How do I add used stock to a project.

Hi

 

But the problem is we dont buy for just the one project.  We buy a stock say 100 boxes of each, and they take what they need each day for different sites.

 

So on the supplier bill/invoice I cant allocate how many for each project as I dont know, at that time.

QuickBooks Team

Re: Stock. How do I add used stock to a project.

Hello Wright,

 

In that case, you will need to go back into the bill once you know how much of the product you have used and create a separate line so this amount posts to the project - this will be the only way for it to appear on the project profitability report.

 

Thank you,

Talia

Frequent Explorer *

Re: Stock. How do I add used stock to a project.

Ok thats a bit poor then. :(

 

As that would take way to long to do that.

 

 

Dont look like we will be using the stock part of Quickbooks then.

QuickBooks Team

Re: Stock. How do I add used stock to a project.

Hello Wright,

 

We apologise if this will not be suitable for your business. Please use our feedback tool within the cog wheel menu to submit this as an option for future updates - hopefully it will be implemented if possible.

 

Thanks,

Talia