We send some parts out for outside service (they are coated) - I am noticing that those expenses are showing on the Inventory WIP Account Reconciliation as a suspense account expense. They should be included in the inventory value and become part of COGS when we ship the part. I suspect it is probably something to do with a GL control but I can’t even find where the outside service is set up. Can anyone help?
You need to start using Sub Contracting operations as part of making parts…
Prasad Ramawickrama | Director | Information Systems
ND Industries, Inc. | 1893 Barrett Drive | Troy, MI 48084
Direct: 248-655-2520 | Cell : 248-408-7874