This article will cover company workflows for handling accounted values flowing through Fulcrum. This will focus primary on the impact of actions in Fulcrum on three reports:

• Current Inventory
• WIP
• Cost of Goods Sold

Note: typically these reports are run at month end. So while this article covers the specific transactions that result in the changes, month end typically looks at the totals at the end of the month.

Some columns have been removed from the reporting screenshot to simplify and focus on the impacts.

Fulcrum Bracket Example

Let’s say you need to create a Bracket for a brand new order you received. A simplified routing might look like this:

Let’s say those items have the following accounting codes:

• Fulcrum Bracket: 4500 - Fulcrum Sales
• Aluminum 1100-F F Sheet 16GA - 1200 Raw Materials

For the sake of the example, let’s say you have nothing in inventory. All of the reports will currently be empty. But good news! You just got an order for this bracket. So the first thing you do is purchase the material for your bracket (an Aluminum 1100-F F Sheet 16GA). We are going to order one sheet at $125/sheet for this job.

The purchase order is placed and marked as Order. Once that material is received, your Current Inventory report will reflect the increase in value