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My company wants to use colored dye in our oils/lubricates to determine what machines the leaks are coming from. I have found one company that supplies a liquid dye in two colors, blue & red. We were...

Thank you for the reply. I'm sorry I did not make myself clear on this issue. My inventory is MRO supplies & high dollar maintenance items/parts. It is my understanding that we are expensing it as...

Can you expense inventory as soon as it is received even though it is still setting on the shelf and has not been used? What happens at the end of the year when the my MRP system states I have a...