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Item buyback and refurbishment
Hi Gurus,
We purchase widgets from customers and then use a third-party vendor to refurbish the item. We then enhance the item in-house and introduce to inventory as a serialised item.
Can you recommend;
- How do we include the item purchased from a customer on a Customer Sales Order (there-by reducing the amount due if there are items sold to said customer)?
- Which methodology is best suited to capture this process while incorporating all associated costs to calculate the item gross margin i.e. third-party vendor costs, internal labour and purchase from customer?
Thanks,
Daniel
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