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Closing inventory

SH
22/12/2023
Question

Should consumables also be included at the end of the financial year as closing inventory?

Hello,

What do you mean by auxiliary materials? Everything from trade goods and raw materials must be included in your inventory.

Regards,

Adrie

OK, thank you.

Consumables such as herbs that you add to purchased trade goods.

Herbs are raw materials just like other ingredients, but if it's only about €10 (some paprika here, some curry there), I wouldn't bother.
Regards, A.

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