Products for sales and purchases
fladventurerob
Member Posts: 3
Is there any way to assign a product (inventory) that is purchased, to a product that is sold? I would think that this would help when it comes to accounting,.
0
fladventurerob
Member Posts: 3
Is there any way to assign a product (inventory) that is purchased, to a product that is sold? I would think that this would help when it comes to accounting,.
Comments
@fladventurerob Wave does not have an inventory feature per se, but we do have a recommended workaround.
Though Wave cannot calculate or track the unit value of inventory for your business, the workaround works after you've calculated the monetary value of your units.
This article goes over the workaround here: specifically focusing on how to record purchase and sale of inventory:
Article link here:
http://https://support.waveapps.com/hc/en-us/articles/208623546-Simple-inventory-entry-tracking-in-Wave https://support.waveapps.com/hc/en-us/articles/208623546-Simple-inventory-entry-tracking-in-Wave