I use Money SB 2004 but do not use the inventory function. Money does not
follow General accounting principles - it is **not** a double entry system.
It is a single entry - or cash basis system and so revenue is only
recongnized when the money is received and expenses are only recognized when
the $$$ is spent.

If you are looking for something more than this, you should investigate
Intuit's Quickbooks or the new MS small business accounting system
(supposedly offered to compete with Quickbooks).

Bill

"JasonACool" wrote:

- quote -

Maybe I am being a bit dense, but there seems to be something amis with how
Money is dealing with inventory.

When I purchase something that is an inventory item it appears that my only
real classification option is a business expense category like Inventory
Purchases. I then do an inventory Increase for that item when it is received.

Now the strange part. When I look at a Profit & Loss report I find that the
entire inventory purchase has been expensed and then I receive another
expense under COGS for the actual items sold. If I were to 'transfer' the
inventory purchase funds to an assett type account I would have a double
increase in assetts since I would have the 'transferred' funds and the
increase in inventory. This of course would throw the Balance Sheet into
funny-land.

Am I being a bit dense on how Money works or does the inventory 'feature'
not really work in accordance with General Accounting Practices?

Lastly, is there a way to print an inventory list that is sorted by
description or part number? The screen shows it sorted properly but all I
seem to be able to print is a list that is based on order of entry.

Cheers!
-Jason