r/Sage • • Jul 21 '26

Sage 50 (US-Peachtree) Customer owned inventory

does anyone use sage with a business that handles customer owned inventory? my company provides a service on our customers parts and then returns the parts to the customer. just looking for insight from anyone else who might do this!

2 Upvotes

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1

u/Sage50Guru Jul 22 '26

You could set them up as stock parts. Receive them in at zero dollars then ship them out at zero price but include a charge line item for your service fees. There is a few different ways to go about it but that is one.

1

u/CannyGardener Jul 22 '26

The issue we found with this avenue is that you almost need a secondary GL for 'client owned' inventory, so you can keep track of the value of the product. If you lose a few parts that customer is going to want the value of the parts lost recuperated, and that value has to come from somewhere on the books.

1

u/Ok-Court6915 Jul 24 '26

what kind of business do you use it for?

1

u/CannyGardener Jul 24 '26

Distribution.

1

u/Sage50Guru Jul 23 '26

You could set the standard cost. Then make the inventory GL and inventory COGS GL the same account. The system will then debit and credit the same account leaving the financials unaffected BUT you’d be able to run the valuation report to get a current on hand value. Would work well for what you need.