Farm Inventories Part II: Entering Sales, and Value Adjustmentsqbag_PageTemplate |
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January 16, 2018 - by Mark Wilsdorf
This is the second installment of a two-part article...
Part I demonstrated how to get farm production into QuickBooks, by setting up an Inventory Part Item to represent harvested soybeans in storage, and establishing a current inventory quantity and value for the Soybeans Item. Part II (what you are reading now) shows how to enter sales using the Soybeans Item, the effect sales have on inventory quantities and value, and how to adjust inventory value. |
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