As it turns out, Standard Time® is not just for project and time tracking. You can scan expenses on the manufacturing floor, which deduct items from inventory. (see video below) Here’s how it works:
First, set up an expense template that represents something you use a lot. That template has all the predefined fields for cost categorization. It also has a link to an inventory item that is deducted when the expense template is scanned on the factory floor.
Now scan that expense template name. Two things happen:
- A new expense item is added to the list in Standard Time
- The inventory item (for that expense) is deducted
You now can easily track expenses incurred and inventory along with time.