How to allocate separate inventory for each project using Locations

You can set up a dedicated inventory for each project using the following steps:

1. Go to the Products and Costs menu:

   • Go to Products and Costs menu.

2. Add a new location:

   • Select Locations.
   • Click on Add a new location.

3. Name the location after the project:

   • Name the location after your desired project, so that all project-related transactions will be assigned to this location.
4. You can choose to use the main inventory account and filter by location in reports, or set up a separate inventory account for each project in your chart of accounts

5. Allocate project-specific transactions:

   • After adding the location, all project-related transactions will be allocated to the assigned inventory, making it easier to track and manage inventory.

Additional Notes:

• You can add multiple locations if you need to set up inventory for multiple projects.
• Make sure to select the correct location when executing transactions to ensure inventory is allocated to the desired project.