I am offering consignmnet stock to one of my customers.
How do I record what I am supplying in MYOB so that it reduces my stock levels without charging them for the items?
Do I do a sale with zero cost?
These items are in my inventory list.
Hi DPD_NSW,
Thanks for your post. In this type of scenario, it's advisable to reach out directly to an accountant for a more accurate and tailored solution to your specific situation. Additionally, you may find valuable information in this help articles [Consignment stock] and [Stock Consignment: Best Practices] that covers related topics and provides further insights into resolving similar issues.
Feel free to post again if you have further queries and one of us will be happy to assist you.
Regards,
Earl
