My company uses the projects feature to track time & expenses for our customers (we do restoration & residential construction). We have never tracked inventory until now due to it not being necessary. Due to rising costs of materials, we have decided to bring in certain items that are commonly used on all of our projects. I have set these items up in inventory without any issues. The problem I have encountered is how to add these inventory items to a project when they are used. For example, if the project John Doe needs 5 pieces of lumber from our inventory, how to I show it? We do not do itemized billing and only invoice for the total project at completion. Is this something that is done as an expense or a journal entry or ???
