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mdfaisal's avatar
mdfaisal
Member
2 years ago

Chart of Account for Material Purchase

I am reaching out regarding the chart of accounts for purchasing materials in my metal fabrication business. We regularly purchase materials such as SQ Tube, REC Tube, metal sheets, flat bar, angles,...
Isaiah_C's avatar
Isaiah_C
MYOB Moderator
2 years ago

Hi mdfaisal,

 

Thank you for the post, and welcome to the Community Forum! We recommend reaching out to your accountant to make sure which account, and to track these transactions effectively.

 

If my response has answered your enquiry, please click "Accept as Solution" to assist other users in finding this information.

 

If you have any additional concerns, please feel free to post again.

 

Kind regards,

Sai

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