We are under the impression that we have to create one sales part number and a different part number for purchases so we can track our inventory correctly. Is this true or is there a way to use the same part number for sales to customers and for purchase of components that go into top level parts we sell to customers?
For example, we buy widget A under part number A001. This part is used in 10 other top-level parts we manufacture. We sell A001 as a top-level part to customers. So, for inventory tracking, we have the sales part A001 in sites 1 and 2 coded accounting group code 30 for Finished Goods. The purchase part A001 we have coded with accounting group code 10 for Purchased Part. It seems we are reserving the purchase parts for sales to customers versus using them to build top level parts for sale.
Also, unfortunately, it seems our controller can’t seem to run month end reporting with correct inventory figures since we use the same part number for both sales and purchasing. How can we correct this and keep the same part number for both sales and purchasing?