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Re: Expensing an item in inventory
- Subject: Re: Expensing an item in inventory
- From: "Chris Travers" <..hidden..>
- Date: Tue, 30 Oct 2007 11:37:48 -0700
On 10/30/07, John Hasler <..hidden..> wrote:
> Chris Travers writes:
> > Do you need to depreciate the hard drive? If not, just create a dummy
> > customer (maybe "internal use" and sell it to that customer at a 100%
> > discount.
>
> That will screw up your expenses.
Ok. So one also needs to do a GL entry/adjustment against the COGS
and the other expense account.
Best Wishes,
Chris Travers
> --
> John Hasler
> ..hidden..
> Elmwood, WI USA
>
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