How do I add an stock we have created and not paid for

Accounting
1

Hello we have created artwork that I would like to add as an asset but we have not had to pay for it - how do I do that please?
Thanks
Dina

2

Are you sure you can do that? You are effectively just inventing the price of an asset that you haven’t paid for but are claiming against with the HMRC.

3

No I am not claiming with HMRC, I just need to value the business at this point in time and show it to my partner

4

Although it is classed as stock to be sold - but we have created it not paid for it. It has productive costs but I cant seem to tag them across to this ?

5

I guess you’d just account for it as finished goods in that case then.

6

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