Serialized Stock Item Default G/L Accounts

Serialized stock items are special stock items that will have a serial number associated with them. Serial numbers are typically used for expensive items, items that are under warranty, and items that by law require you to record serial numbers.

GL Sales/Inc: Enter the default income account that will be credited when you sell stock items.

GL Invtry/Wage: Enter the default inventory account that will be debited when you purchase stock items and credited when you sell stock items.

GL Cost Sales: Enter the default cost of sales account that will be debited when you sell stock items.

Costing: Specific is the only costing method used for all serialized inventory items.