You can now convert inventory from one product to another related product.
The
FIFO cost
of the original product will carry over
to the converted product. Future updates to the original product's cost (such as changing the cost on a bill) will also follow through to the converted product.---
Product Conversions are mainly useful to
keep separate stock for different product conditions
. For example:Refurbishing
. Sellers in the refurbishing business purchase merchandise in an unusable condition, repair the products, and resell them as refurbished goods.Returns
. Returned products are often no longer in a brand new condition, yet are good enough to be sold as used.---
You'll now see a
new Conversion card on the Product page
. In there, you can set up a list of related products into which the current product can be converted:
Then, under
Inventory › Conversions
, create a new conversion, and select the products and quantity you want to convert: