I started an LLC with four members total in 2019. Two members contributed cash and two members contributed inventory.
We entered the contributed inventory values in the member capital section as "Property Member Contributed to LLC", but we're not seeing this show up as an opening inventory amount. The software is not allowing us to manually enter "Beginning Inventory" in the COGS section. How do we properly enter this contribution as beginning inventory so it flows thru to assets, capital, COGS, etc?
Thanks for your help!
