We have a stock of paper reams which we charge to Stationery expense. The paper is not for re-sale and used for internal consumption only. Yet we want to keep a tab on the stock of reams and whom it issued.
I have a Non-stock item Paper A4 (Maintain stock unchecked). Default expense account is Stationery Expense. Upon purchase although the invoice correctly charges it to Stationery A/c it does not keep a stock ledger.
If I make this items as Stock Item ie., Maintain Stock is checked in Item Master) then upon Purchase, it is charged to Stock Received But Not Billed. This is strange as the default account is mentioned as Stationery A/c.
Any help?