Please be aware that the inventory part won't be handled via GnuCash: while you can record your purchases and sales easily (e.g. buy $1000 worth of raw materials, sell $2000 worth of products), it's difficult to account for the raw materials inventory levels and products waiting to be sold, calculating profit margin etc. Other (expensive) products would likely be more suitable for your needs.
Not exactly. Gnucash can do the "general ledger" part of inventory processing. But it cannot do the other parts of it because this is JUST "general ledger":
So yes, when you make a sale, besides :sales and cash, can also make the changes to inventory (cost of) and "cost of goods sold".
BUT -- an inventory system does more than that. It would track how much left of (physical) inventory and where shelved. It would do something when the amount remaining fell below some level, provide information about suppliers and alternate suppliers, etc. Gnucash can;t do things like that for you because those parts are outside of "general ledger"
A full business system has all sorts of components, of which "general ledger" just one component << the one that all would have in common >>
There are commercial products out there to do "business system: for your sort of business and there may or may not be "free" products.
Michael D Novack _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
