Material Consumption
| Technical name | od_material_consumption |
| License | OPL-1 |
| Website | http://taxdotcom.org/ |
This Application Is developed to record direct consumption of Material Used by the entity. Through this application you Can add material Consumed cost To Cost of Sales and deduct it from Inventory cost at specific warehouse or location.
Accounting Journal Entries related to cost of Sales and Inventory Deduction will automatically be created and you don't need to add manual adjustment and use shortcuts or temporary remedies for consumption now.
Material consumption
It allows you to create material consumption request simply by clicking this menu item.
Create Material consumption Request
Click the create button to create new Material consumption request.
Add Products on consumption Request
User can select the location and Product they want to consume then proceed.
Add consumed Quantity
User can add consumed quantity for each product and then click validate button to validate.
Related Accounting Entries
A smart button will appear after validation and you can check the accounting entries generated.
Cost of sales journal entry
The accounts selected are random for demo purposes only.
Inventory consumption journal entry from stock
The accounts selected are random for demo purposes only.
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