Warehouse: Finished Goods - YFF
Goods ready for sale, usually after manufacture or repacking.
In detail
Finished Goods - YFF holds items ready to sell: products that came out of a Manufacture or Repack Stock Entry, or trading goods moved from Stores for dispatch. Delivery Notes and stock updating Sales Invoices usually draw from here, each one crediting Stock In Hand - YFF and debiting Cost of Goods Sold - YFF at the item's valuation rate. The six demo Delivery Notes all issued from this warehouse. Keeping finished goods apart from raw material makes two things easy: the Stock Projected Qty report shows what can really be promised to customers, and the cost of sales is never confused with material still in work.
How to record it in BRAccount
- 01Receive products here with a Manufacture Stock Entry or a Material Transfer from Stores - YFF.
- 02Go to Stock > Delivery Note > New and set Finished Goods - YFF as the source warehouse.
- 03Submit the Delivery Note; Cost of Goods Sold is debited and Stock In Hand credited.
- 04Open Stock Projected Qty for Finished Goods - YFF before confirming new Sales Orders.
- 05Review Stock Ageing for this warehouse to spot products that are not selling.
When to use it
The default source for Delivery Notes.
Example from the demo books
The 6 demo Delivery Notes issued goods from Finished Goods - YFF.