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My supplier sells in bulk. 5 widgets in a bag. I sell them individually. We I receive the item I can set the qty to 5 & divide the cost to get an appropriate COGS. However, when I attempt to reorder, the purchase price is incorrect & I end up having to modify the PO price.
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Looks like your on Desktop - you should switch on the system option for Inventory 'units of measure'.
Then define a Bag5 unit for that item which contains 5 pieces.
Now you can buy and sell in single units or Bag5 units and the costing will be correct.
Looks like your on Desktop - you should switch on the system option for Inventory 'units of measure'.
Then define a Bag5 unit for that item which contains 5 pieces.
Now you can buy and sell in single units or Bag5 units and the costing will be correct.
Then do you have to adjust the inventory manually?
Hi aboard2123,
In addition to MikeinBC's answer, you'll have to switch the unit of measure option in the inventory item.
Here are the steps:
Then, manually adjust the inventory by following the steps:
You can also check this article for more details: Adjust inventory quantity or value.
If there's anything else you need, feel free to leave a comment. Thanks.
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