You, Me and Dynamics GP
Often companies (like mine) have consumable items that are really too small to track via inventory but may be bought in bulk via a P.O. and issued centrally. We do this with things like bubble wrap, shipping tape, solvents, printer cartridges, etc.
One option to deal with consumable items that you want to flow through inventory is to setup a "Consumables" P&L account as the Inventory account for these items. When the items are issued to a department, they get expensed to the requesting department as the Inventory Offset account.
This charges out consumables to the correct department but ensures that any leftover items are still expensed at month end as general consumables.
Thanks Frank for the tip. Sorry there's no link, I couldn't find the Nova Solutions, LLC website.
