I still have to finish my final financial statement review this evening but I think I figured it out. I used all your steps and changed my start cost on these 2 items to $0, then I used Inventory Adjustment to change stock levels to 0 as of 3/15 and then set up a bogus vendor and received the same quantity of stock, but at $0 per unit, on 3/16. Inventory Valuation Report is correct, stock can be sold and tracked and I can generate Consignment Inventory Bills on a monthly or quarterly basis.
Thank you for your help.
Liz
