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Is Contract Manufacturing Service Component an Asset?

Received Response
edited Jan 14, 2022 7:25PM in Manufacturing 3 comments


I'm setting up Contract Manufacturing and need to know if the Contract Manufacturing Service Component is Inventory Asset Value supposed to be No or Yes.

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The template says no, but in screenshots in training says yes. When I received the PO for the item it went to an expense account. It then gets issued which goes to an inventory account. I'm thinking it should be Yes.

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