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Purchases test materials

MV
2023-11-26

Question

A customer has asked me if I can implement/test a certain idea. It concerns a technique that I have never used before and equipment that I do not have. I am interested and would like to learn more, so I am considering purchasing some test equipment to investigate this, but there is no guarantee that the project will go ahead.

How should I record this (test) material? It is not a trade good, but it would be silly to have to carry it in my inventory and never be able to claim the costs. (I will wait until I have certainty here).

Should I create a new cost category under general expenses? Something with the name test material?

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