Can anyone explain to me why the WIP Production Costs are set up to Debit Inventory and the offseting transactions are set to Credit Cost of Goods Sold? This isn't making sense to me.
Also, why would Inventory Adjustments be posted to COGS and not to inventory?
thanks for your attention to this matter.
Paul Lynch,
CEO
InSync Technologies, LLC
Also, why would Inventory Adjustments be posted to COGS and not to inventory?
thanks for your attention to this matter.
Paul Lynch,
CEO
InSync Technologies, LLC