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Purchasing Parts in Bulk Quantities

Q. How do I record case purchases or bulk purchases?


Say you have a case of 12 and the case costs you 50.00. When you are adding the part thru restock inventory you enter the qty of the items in the case, then put in the extended price field the entire cost of the case and the system calculates the cost per item. Bulk oil, if you purchase a 55 gallon drum of oil, put in 220 as the qty, 4 qts per gal times 55 gallons and put the entire cost of the drum in the extended price field.