Hi @jbradley1
I believe you are making servers from your equipment purchased and then giving them on rent to your customers.
In my view you can handle this by following this process.
1. Create a customer account in your own company name.
2. Whenever a server is ready, you can invoice it to your own company by sales. The invoicing should be on cost price without adding any profit margin. This will reduce your equipment inventory and increase your cost of goods sold.
3. At the same day, pass a journal entry as per following
Server Fixed Assets A/c Debit
Accounts Receivable A/c Credit (select your own company as customer)
This will transfer the cost of server to the fixed assets account. You can track your servers in fixed assets by giving "Server ID" in the account name itself and make it as a sub account.
4. At the year end, you should also pass a journal to nullify the increased sales figure in your books due to this transaction.
Hope this solves your query.
