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How do I record stock I received for free or at no cost?

How do I record stock I received for free or at no cost?

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Create a purchase order with those items, receive it without sending it off, and set the cost to $0. It will affect your COGS, but that's expected: you didn't pay for the stock, so your COGS for the month will actually look better.

Questions? We're here to help.

Bring last month's numbers and we'll show you what this looks like in your venue — twenty minutes, no pitch deck.

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