Processing Internal Usage Transactions
You enter an internal usage transaction when you want to use inventory items within your own business.
For example,
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You might remove items from inventory to stock the store's bathroom.
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An office supply company may use a desk from inventory for its own office.
If you also have Sage Fixed Assets (FAS), you can identify equipment such as office furniture, computers, etc. as fixed assets during transaction entry, and Sage ERP Accpac will transfer the asset information to FAS.
Internal Usage Transactions
Typically, when you sell inventory items, you credit the inventory account by the cost of the items sold, and you debit the cost of goods sold account.
When you record an internal usage transaction, you still credit the inventory account by the cost of the items, and you either debit an expense account or an asset account, depending on the type — or value — of the item ).
For instructions on entering Internal Usage transactions, see Use Goods Internally.
See also