Purchase Minutes Matter QuickBooks System
Copyright 2005
Minutes Matter
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Don't Sweat the Small Stuff!
Many people ask what should I do about the small stuff stuff i.e., angle irons, RollEase parts, thread, dust cover boards, etc? How can I account for these items in QuickBooks? When you purchase items in bulk that will be used for multiple clients, these items should be classified as inventory items. On the other hand, when you purchase lining by the bolt, a case of pillows or a put up of traverse rods, they should be classified as inventory items. When you purchase fabric or decorative rods they should be classified as non-inventory parts since these items are purchased for a specific client.
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