Re: problem adding parts

[Steve D. <sd...@sw...>]

Hi Don.

That last post may not have the appropriate offset.  I was thinking you
were contributing inventory to a new business.

Regardless, you can invoice yourself at cost and you will have the a/p and
the inventory on your books.  You can offset the a/p with a journal entry
to whatever account is appropriate.

Don Wellington wrote:

> Hi Dieter-
>
> I don't think that really cuts it.  Then the value of
> the parts doesn't show up on the balance sheets or in
> the inventory account. I think you actually need to
> create a dummy AP_paid account and generate a vendor
> invoice with yourself as the vendor paid from that
> account.  Would that work?
>
> Don
> BRJ Wine Cellars - Idaho
> SysAdmin
>
> --- Dieter Simader <dsi...@sq...> wrote:
> > You create a zero cost vendor invoice, the vendor in
> > this case is
> > you.
> >
> >
> > Dieter Simader    http://www.sql-ledger.org   (780)
> > 472-8161
> > DWS Systems Inc.     Accounting Software       Fax:
> > 478-5281
> > =========== On a clear disk you can seek forever
> > ===========
> >
> > On Thu, 16 Aug 2001, Don Wellington wrote:
> >
> > > I was thinking the same thing, until I realized
> > that
> > > it would screw up the double entry bookkeeping.
> > Which
> > > then begs the question how do you put in initial
> > > inventory without messing up the books balanced?
> > >
> > > > Hello
> > >
> > > > should the add part form in sql-ledger have
> > boxes >
> > > for LastCost and OnHand?
> > > > currently it does not.
> > >
> > > > regards Douglas McNamara
> > >
> > >
> > >
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>
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