Hey all, has anyone worked with construction or si...
# general
r
Hey all, has anyone worked with construction or similar industry regarding consumable inventory over a long project? I am looking into 20-100 items in large quantities on a PO, then consumed over time (multiple months), and wanting to track this consumption until completion. Then move the final inventory into a single fixed asset. I am wondering how others have approached this type of work. I am looking into inventory adjustments for tracking, work orders, and any other options including ProScope (SuiteApp). Anyone with input here, TIA!
k
every purchase becomes your CIP (construction in progress) asset, not inventory, and you add them all to FAM and organize them to your liking (by project/subproject number). CIP asset type should be set with Zero Depreciation. Once you ready to put asset in service you move all elements into their corresponding asset types (or one type, whatever you choose to do)
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