Hi. I buy job lots of goods to sell, sometimes within that job lot may be something that is damaged or unsellable. How do i account for the write off of the value of this? I dont use the “stock” account just “general purchases”. The money spent is still the same but obviously when coming to do …

Glenn 31 January 2017 10:50 5

This was a link to our old forum, we’ve now migrated the post which you can view here.

Writing off unusable stock