Inventory Brake Cleaner?

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timbre4
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Inventory Brake Cleaner?

Post by timbre4 »

Maybe you folks can help me answer this question submitted to me by a rep:

"Some confusion about when to inventory a part and when not to. Receiving a carton of brake cleaner for example and then tracking it. The expense side is through hazmat and shop supplies charges, but how to record the brake cleaner when it comes in?"

Do you "stock" something like this as an inventory part with stock level and reorder point? Thanks
Tim McDonnell -
Sr. Product Market Mgr / Forum Moderator / Mitchell 1 Media Developer
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ricmorin
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Re: Inventory Brake Cleaner?

Post by ricmorin »

Negative. This counts towards shop supplies.

Periodically I compare shop supply revenue from Manager to shop supply expense in QB using the same date range to check on my fee percentage and adjust accordingly.
Ric Morin - Volunteer Forum Moderator, Shop Owner, ASE Master L1
Motorcar Alternatives, LLC
603-622-6434 x203
www.motorcaralternatives.com

I find my life is a lot easier when I use Special Orders
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timbre4
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Posts: 4460
Joined: Tue May 25, 2004 5:47 pm
Location: TN - Volunteer State

Re: Inventory Brake Cleaner?

Post by timbre4 »

Awesome, thanks.
Tim McDonnell -
Sr. Product Market Mgr / Forum Moderator / Mitchell 1 Media Developer
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