USA Accounting for inventory units based on weight

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Oct 18, 2022
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Hey,

We manufacture product and order raw materials based on units but our supplier sends us our raw material based on weight since it would be time consuming and expensive for them to count every unit. That being said there are always variances between what is actually received v. what is invoiced, this causes some confusion when building our product as there will be overages/shortages of inventory.

At the end of the day these normally net out but from an inventory tracking perspective what's the best way to account for this?

Thanks!
 

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