本文发表在 rolia.net 枫下论坛We are trying to bring in more sales by offering free products under condition: if the customer can bring in sales in another product line at $xxx for the following 3 years, they can have this product (expensive equip.)for free by the end of 3 years.
This equip. will be offered to customer for now but they don't won it and this equip. will helpful for them to sell the other products which we are trying to promote.
How do we book for the equip? it's still our invnetory, if we charge it to sales promo, we don't have budget for it. If it still stays in inventory, how do we value it down? And our HQ will definitly question why we would maintain this product inventory so high?
I want to keep these products in a special inventory account and devalue them for the following 3 years based on a certain rate. By the end of year, the net book value would be charged to sales promotion if we give it away, otherwise, we keep the NBV on BS until it's sold. I'm not sure if this is in compliance with IFRS
Many thanks!更多精彩文章及讨论，请光临枫下论坛 rolia.net
This equip. will be offered to customer for now but they don't won it and this equip. will helpful for them to sell the other products which we are trying to promote.
How do we book for the equip? it's still our invnetory, if we charge it to sales promo, we don't have budget for it. If it still stays in inventory, how do we value it down? And our HQ will definitly question why we would maintain this product inventory so high?
I want to keep these products in a special inventory account and devalue them for the following 3 years based on a certain rate. By the end of year, the net book value would be charged to sales promotion if we give it away, otherwise, we keep the NBV on BS until it's sold. I'm not sure if this is in compliance with IFRS
Many thanks!更多精彩文章及讨论，请光临枫下论坛 rolia.net