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Can I record /expense purchases into an inventory account if I am a cash basis business

Ron Rochester's Profile

Can I purchase items into inventory and expense over time, when using a cash basis accounting system.
We purchase larger than needed quantities to get bulk discount pricing. Do I have to expense at time of purchase, or can I expense as items are used? This is not a major part of our business, but would like to be more accurate with expensing items as used. Thank you in advance for any help.


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