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Buying Goods for Sale
What is the best way to use MS Money 08 to track goods (software) that i
purchase for re sale? There doesn't seem to be a category that allows me categoriese software that i buy for re sale later. There is only a Business Expense category but its not really an expense to my business as i plan to re sell it on later. What is the best way to get Money to treat this? |
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Re: Buying Goods for Sale
Probably transfer funds from checking to an asset as you buy. Then as you
sell them, add to value of assets, and transfer sales revenue back to cash. The added value will appear as income. "Pryan" <Pryan@discussions.microsoft.com> wrote in message news:AFD79F37-CFFC-49A9-96FC-FE76DD0FF6D9@microsoft.com... > What is the best way to use MS Money 08 to track goods (software) that i > purchase for re sale? > > There doesn't seem to be a category that allows me categoriese software > that > i buy for re sale later. > There is only a Business Expense category but its not really an expense to > my business as i plan to re sell it on later. > > What is the best way to get Money to treat this? > |
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