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AS411 Community Home » Software Directory » MYOB Plus for Windows by MYOB US Inc. » MYOB linking time & materials


Gemcraft wrote the following post on 8/20/2001 9:10:00 AM

My version of MYOB is a few years old but it was not able to blend inventory items with non-inventory items which is why I used Simply Accounting when I was building. The purchase and sale modules allow you to blend inventory items with anything. Mark-up of inventoried items of MYOB, QB, Simply Accounting and such generally work on a "moving average" of the inventory. Each time you buy or sell something (using the purchase - Sale modules) the mark-up is adjusted. The adjustments to the inventory asset account and the cost of goods account is calculated by the sale module. The one way around the problem is to zero the inventory item at the inventory value, then you can add mark-up, if you can blend your items on your sale module. With MYOB (mine) price calculation is per inventory not per inventory item. If you go to Inventory - Set Item Prices - Shortcuts you will see that you do have some choices. Copy your data to a new location so you can muck with it without contaminated your records. There are a few other tricks that may help but they take more time and space to explain than they do to do. Be glad to help if I can.

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