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  • December 22, 2015 at 11:54 am #292496
    mysteryfnkingasshole
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    Listen children ! until you confirm your sales , you should record it as PPE .
    Now if your business is like vehicle sales , you are qualified to record it as inventory .
    And I too deal with auditors but never bring such an idiotic bargain.

    ” how to manipulate PPE into inventory ?” is your real question . Lets work to find it out .
    On top of it , your sales is not confirmed yet .
    Can I say my auditor that 5 machines & 5 vehicles of my company is ready for sale & we are making a bargain , so I want to put it into inventory . And we do sale old machines and vehicle every year . Sometime new machines too. Are they my inventory ?
    Did you think requirement for asset to be “an inventory “?

    And tutors without a doubt you are funny person , debating with him . lolz

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