Hi Experts
Recently i came across with a business scenario where our client has an internal maintenance department and it performs maintenance on their own assets.
For Example: They are performing maintenance on an Air Conditioner. There is a fault in one component of air conditioner i.e. compressor so they purchase it through normal purchase process and replace it with the faulty one. Now, they get the faulty compressor repaired and keep it into inventory so that it can be used whenever required.
My Question is how to add unpurchased component (i.e. Faulty compressor which was repaired) into inventory. What would be the cost of that compressor?
Do mention if anybody has experienced this kind of scenario.
looking for some positive response.
Regards