Hi, we are selling sports items and give some items to some athletes as promotion (as free). I can’t find a way to expense this as marketing expense. I guess I could use Stock Reconciliation but it lacks to put athlete name.
Any help would be appreciated.
You need to change the Expense Account either on Delivery Note or Sales Invoice (when Update Stock is selected or when you are effecting the transaction through Sales Invoice only)
Doing this you can sell at 0 but the expense of the Stock will be booked against Marketing Expense.
You will have to change the Expense account from Item Child Table or you can use some Custom Scripts to automate this.
Here are the examples
1. Through Delivery Note
Delivery Note
Define Expense Account in Delivery Note Item Child Table
Accounting Ledger Entry of the transaction
2. Through Sales Invoice
If you are affecting Stock Entry through SI
Sales Invoice
Define Expense Account in Sales Invoice Item Table
Accounting Ledger Entry
Hope this helps
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Thanks for detail explanation with pics! Thank you!
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