All right. Hey everyone What people are doing?  I'm not going to go into anything super deep, but Hopefully it'll get some people out there interested in Exploring and maybe even picking some of these things So when you talk about a high-security lock We're mainly talking about a lock That has tried a little bit harder than your general typical pin tumbler wafer lever lock To keep people out and that can be anything from pick resistance to Physical attacks though. I'm not going to go into physical security a whole lot here Mainly going to be talking about the locking mechanisms, but high-security locks will generally be more physically resistant as well They'll have more drill protection better materials in the Cases and the pins will be made out of steel instead of brass a lot of times things like that so basically high-security locks are Typically referred to as locks that have more than just one standard locking mechanism Now these this can be either by incorporating more than one locking mechanism in terms of having, you know, two independent locking mechanisms in one lock Also things like adding more pins to make it basically like you're picking two pin tumbler locks together Two or more So there's a lot. There's a wide variety of things that make a lock high-security But typically these are also locks that have been rated by different industries in the in America you have things like ANSI BHMA and UL underwriters laboratories who put these locks to the test and make sure that they are up to standard Overseas you have things like the BSI. I think it's the British Standards Institute and CEN that will rate these things in terms of their toughness So I can't talk about high-security locks without talking about medico Medico is kind of what I would consider the quintessential high-security lock and it is most people's entry point into high-security locks Now medico when you look at the key at first glance you might think it just looks like a regular key Regular pin tumbler lock, but if you look closer you can see that there's actually angles that those Pin cuts the the bidding is also angular and that's because on a medico lock Not only do the pins have to be raised to a certain height But they also have to be rotated to a certain angle to allow a secondary locking mechanism a sidebar to drop into place Now The pins there's a few different types of medicos, but the pins will generally look like this which is Let's see a bit different than you're used to At first glance it'll look like a normal pin, but then you'll see that it has that little slice in the side of it And what that is is that's the track that allows the sidebar to fall into and we call that a gate now some medico pins also have false gates and Let's see. I don't think this one does. Oh Yep, sure does. Okay, so on this one the false gate is right here. It's very shallow I don't know if you can see it But it actually runs the full length of the pin where in this one the true gate does not and that actually Prevents an attack by a tool called a medicoder So medico's got a few different types of locks. This is a medico classic and They will generally have the ul stamp on them And not a whole lot more on the face. Sometimes you'll see a 51s, but they have pretty wide open keyways There's not a Whole lot to these things on the front And then In the medico classic and also in the new ones you have Things like the large format interchangeable core where this core can be removed placed into another or actually replaced or placed into another lock And then you have the medico biaxial which is denoted by this little symbol right here Looks like a couple little crescents there and what that means is that the pins have been redesigned so This is a medico biaxial pin and at first glance it looks a lot like the standard medico classic pin But if you look a little bit closer at the bottom there, you'll see that that point isn't directly in the center So the chisel tip on this pin is slightly offset Which makes it what you call either a four or an aft pin and that means that the The cut in the key could either be a little closer a little further away It makes picking these and decoding them a bit more difficult and a lot more pins are involved in that process And as you can see this one even has a little ridge at the top there to make it so it gets stuck if you try to pick it They also in the top will have these mushroom pins sometimes Make it a little bit more difficult to pick Now medicos are all over the place You'll see them in government installations a lot of businesses use them This is a four pin medico that actually goes to a payphone and It looks a little bit different But you can see that key still has those angular cuts on it And this is a biaxial and you can tell you see that symbol right? That's the biaxial symbol right there so They also come in padlocks things like that See them everywhere. They're really neat locks. That's definitely a fun one to get started So they also make cam locks now when we're talking about high-security cam locks The security is definitely a little lower than your standard like door locks Padlocks things like that some of the padlocks actually have the cam lock style lock involved And these do have to be lifted and rotated But the cam locks do not have driver pins So the way they accomplish that and actually you can see this is a biaxial key. See these are close together and that one's far away So that's the couple fours and an aft pin in there So the cam locks work only by a sidebar But the pins are a little bit different. So instead of having that slot all the way down the length of the pin This pin here just has I can find it. There it is There we go. So it's just got a little hole in the side there So that makes it so that you have to raise it up and rotate it to where a finger sticking out of the sidebar We'll poke into that little hole Now there's a couple different styles of cam lock pins You have one that's got that just that big serration around it and one like this that has two smaller serrations or three And I can't tell you exactly where you'll find these in the specific locks. I just know that sometimes you find different ones So medico and the cam locks they have all sorts of format like this here It was a t-handle plug lock. So this one will actually go into a hole It'll block a t-handle key from reaching in there You also have the medico dura cam which is a dimple lock variant of that cam lock You know, this is the same thing. It's just turned on its side. The key is actually a lot stronger On these a lot harder to break So that medico design is awesome. But when you're talking about rotating pins, there's an even cooler lock out there This is called the Corbin M heart now these guys got sued out of existence by medico because of the The design and the similarities because these pins are rotated You can see that that in the key Actually, it's kind of hard to see there But trust me they do rotate and the reason these pins rotate is because unlike the medico This doesn't have a sidebar, but these pins actually interlock with each other So let me see if I can get this apart and I'll show you that There goes the spring. There's the spring So now these pins when they come out Are they gonna be stuck to each other? So they have a tongue and groove system Where the key or the pin on the top it's kind of like a dovetail Has a little tongue sticking out and the pin the keypin has a groove that that fits in and unless they're rotated to the proper position They cannot separate and that lock will never open. I Really wish these were still around still being made. These are awesome locks And there's a lot more information out there on them if you're interested Hey, so Here, let's show this one real quick. This is another way of doing high security a little different There's a little lower security. This is another one of those t-handle plug locks though This is a van lock and this is basically just a tubular lock That has very difficult It's very difficult to tension The face is basically just flat The key has these little pins that stick out of them These aren't super high security and that the plug is all brass the pins are steel, but the plug's all brass So it makes drilling a little bit easier, but Not super easy. These are usually used in like vending machines Anything that involves cash. They're not used as much as they used to but they're still pretty cool You're using gas pumps things like that so another one of the big names in high security that you'll see is Company called multi lock and multi lock is actually kind of a reinvention and a Continuance of the Rav Bariya Company in Israel Rav Bariya meaning multi bolt But the multi lock what they did is they took a standard pin tumbler lock and said hey Let's put pins inside those pins So if you look at this key here You can see that each one of those pins. This is a five pin pin in pins. That's ten total But if you look you have an outer pin and an inner pin So when picking this lock you have to use a much smaller dimple flag something that can get into those inner pins and pick them as well as setting the outer pins and Actually Thinned out a pick. Let's see here. So this is one of the picks that I use When picking multi locks they're setting inner pins. I use a pretty wide variety of Different picks for these things and that's one thing about high-security locks You'll definitely get into making a lot of picks Because you tend to not find all the tools that you need out there But so this is a standard multi lock classic Which is just the standard pin-in-pin format Where you have the the five pin-in-pins? And if you're interested in these they have been knocked off Bunch of companies make cheaper ones. This is a company called B tech or bold tech or I don't know the exact name But this is a five pin pin-in-pin, but there are no security pins all standard This is a very good entry way into picking multi locks, and this is I think was like 15 bucks but then multi lock wanted to innovate a bit further the patent on the classic expired and to extend the patent make it a little more difficult to copy the keys what they did is Involved what's called an interactive element. So this is the multi lock interactive and This right here is a Moveable element in the key that when you insert the key in the lock a Portion or a little dimple in the bottom of the lock will actually lift that up and set the pin higher than the shear line Now for key copying that's very it makes it a lot. They're very difficult a lot more difficult, but for picking. It's um Actually makes it a little easier because you always know that that second pin is going to be set higher than the shear line Well or at the shear line depending on the bidding Got another classic here, and these tend to have some pretty extreme bidding sometimes There's as low as you can get followed by some as highs you can get in the back But then multi lock does have an ultra high security variety. That's called the mt5 plus. We also have the mt5 Which is like this except no slider track, but what this is Is this takes the the five pin pin-in-pin design? Adds an interactive element as a sixth pin at the back here, and then it also has a slider track where five sliders Need to their unsprung five unsprung sliders need to be moved into place To allow this lock to open Actually looking at that it looks like four, but I'm pretty sure it's five So this is a very difficult lock to pick Something that maybe you will aspire to in the future so other companies Like Sergeant decided to instead of doing Multiple locking mechanisms in one They said why don't we just add a bunch more pins into this lock and put three pin tumbler locks all around each other so this lock here has a dimple lock and It's actually got three rows of pins To that come in at 90 degrees from the side here and one that comes in here directly at the top So you can see that key has bidding on all three sides, and it's actually got it on all sides because it's a reversible key This is called the queso and these are incredibly difficult to pick incredibly tight tolerances Very nice lock. This is it looks like a strange format, but this was actually their Answer to interchangeable cores. I don't have one of the standard quesos with me So then this this here is an actual queso queso became a brand I don't really know the history behind that, but if anyone feels like looking it up that can queso is part of the asa abla group. This is a 2000 s which means it has the omega element Which is a different type of interactive element down here so and also instead of or In addition to having bidding on all three sides of the key This has a spring-loaded pin in the tip of the key and what this does is it sets a pin inside the lock But then when you turn the key The pin actually pushes in here And if you don't have that spring-loaded feature there The lock won't open because that pin will get stuck on the side of the key won't be able to move in and it Will prevent the lock from opening Now these quesos the queso brand locks are actually a little bit easier to pick from the sergeant quesos Still not easy by any means though So when you're talking about Companies that put a lot of pins and things Let's see here. So there we go One of the companies that comes to that tends to come to mind is kaba kaba is not part of the asa abla group Asa abla tends to own like most of the companies out there anymore, but kaba is not part of that This is what's called a kaba 20 And this has the ability for 21 pins to be in this single lock here This one I think has let's see six six and four so it would have 18 16 So this one has 16 pins in it most of them have 18 17 16 something like that kaba tends to uh Remove pins for master keying. It's interesting But this lock here has four rows of pins. It has two rows coming in here at a 90 degree angle And then two rows coming up at a diagonal at each side there And those diagonal pins are actually very strange when you pick them. Um, they feel kind of pillowy. It's it's an interesting Feeling to pick them you got to get used to it So in terms of dimple locks, this is one that Kind of took a made kind of made a lock all their own um It's called a bannum and it's got two rows of pins But there are no driver pins in this lock And If you look at the key This key actually has holes in it And the reason for that Is that the way this lock works Is that the pins Actually oppose each other. This is one of the cores And you have a pin on this side and a pin on this side And they touch each other So when you move them this way the pin on this side sticks out into the bible When you move them this way the pin on this side sticks out into the bible So in picking this lock basically what you have to do is get in there and move all the pins so that none of them Are protruding out of the plug into the bible Even though they're all touching inside, which makes it very difficult to get a pick in between them You can kind of see there them sticking out into those chambers and then when they all Fall into the right spot. You can rotate the key Now these are generally just found in england. Um, you don't seem very much in the states Actually at all unless it's a collector But um, there it's a very expensive lock Very fun to pick actually But it's definitely something new to learn So this here is another part of the asa aboy group. This is Zeiss icon. This is a super cool lock This is the w s w w 10 Now what these guys have done is kind of What a lock that i'm going to show you in a little bit also did but they took sliders And integrated that in with a dimple lock so on this lock here You've got your six dimple pins that come in on the side of the key But then you've also got your slider tracks on the side So this lock has a total of 10 slider cuts on both sides And but there's actually only five to seven sliders in each of these But let's see if we can get this open This one's a little sticky. There we go So you've got your dimple pins up there on top and then you've got your sidebar here And all your sliders there on the bottom Now if you can see how that Nub is only sticking out on that side You could also have one that's on the other side And that makes things like master keying a lot more approachable Without having to add security vulnerabilities into the lock So you can have multiple sliders that have different pegs on either side That allows you to use the same key Now these sliders are incredibly difficult to pick They have six false gates and one true gate and those false gates are just absolutely tiny So it makes determining between them. Well, the true gate is also very tiny. So it makes Deciphering which one you're picking very difficult Get this guy back in his place here There we go And there are spool pins in the top of this I think there are three spool pins generally up in the top of the bible But the dimples are not the hard part to pick on this the side the sidebar definitely is now in terms of sliders the Company that generally comes to mind is eva They again are not a part of the asa abla group Eva does incredible work with slider locks They have a bunch of really neat ones out there this one here is called the eva 3ks And this has 12 sliders in it on Each key has three tracks on the side Those notches you see on the top are just a passive top bar for key control But each of these sliders Alternating inside has a different peg sticking out Some just have a singular peg that goes into that deep track And then others have parallel pegs that ride in those parallel tracks there These are all unsprung sliders Which the key basically traps them puts them in the right position and allows the key to rotate This is a strange format. This is a japanese mortise cylinder You can see here they have these little divots in the key and what that's for is all high security locks have to be key retaining So when you turn it Little pegs stick down into those divots and make it so that even in certain bitings they're kind of flat The key cannot be retracted unless the lock is locked Now what you see here is what's called a security card And many high security locks will come with these cards That makes it so that you cannot get your key copied unless you have the proper security card And this one i'm not really worried about because i'm not going to be using this so I can show you this But if you take this card into a locksmith, you can get the keys. I just showed you reproduced Sorry about huffing and puffing there. I'm kind of leaning over a desk here But I have some whiskey and catch my breath real quick now. This is not a super high security lock But I wanted to show it anyway because it's really neat It's got eight sliders in it four on either side each one of them has a sidebar different on each side And for some reason for the life of me I cannot get this thing open And I swear it doesn't have false gates I've only taken a couple of the sliders out, but I just get a really deep false set and it will not open up I don't know why but uh, this is called a tray lock and I got this on ebay for I think 20 bucks or something like that But great little lock tons of fun to play with If you're just getting started, I wouldn't necessarily recommend going after this one, but If you do more power to you Now this is another pure slider lock. Let me see if I can find it here. There we go Um, kind of like the eva 3k s it is springless. It doesn't have any springs in it This is called the asa desmo. This is obviously part of the asa abla group um, now what the desmo is is asa um They make cam locks. They do padlocks. They have I think some oval cylinders But this is meant for To basically to use where it's going to get a lot of use maybe some dirt Not a lot of maintenance It's supposed to be a very low maintenance lock I found that a lot of these will actually jam up over time. It makes it really hard to turn the key I haven't figured out why But I'm hoping they fixed it in the new desmo plus But I'm not completely sure about that Now this one here is an eight slider desmo This has four sliders on either side that have a sidebar on both sides interacting Each slider has two false gates and one true gate That are exactly the same width just a different depth makes it a bit difficult to judge between them These come in six and eight slider variants So we have a six slider desmo here This actually doesn't have anything in it. So I can just pop it apart and show you Now these also if you look at that key you might notice that cut out And that is your key retaining feature on these guys So when you put the key in and turn it a lot like the 3ks This has little t-pins that push in and trap that key in there. So you can't remove it When the lock is open So this is the desmo sidebar here I'm gonna get one out So it's just got that little teeny shelf there That fits into the side Of these pins That there is a desmo pin And you see it's got the two false gates and the one true gate And that sidebar slides into that true gate And that allows it to retract These are the t-pins and springs that I talked about that actually go in and trap the key in place So you can see a couple in there that the springs are wrapped around the spring goes inside the t-pin And that's also what pushes the sidebar back You can see that's where it goes right there in the sidebar channel So assa The desmo is kind of like the sidebar to the assa twin this was assas Not their first step into high security But definitely their first step into ultra high security The assa twin was I think the first patent Maybe not the first but the first sidebar patent by bow bow widen or bova den depending on where you are how you pronounce things He also I think is responsible for the patent On that w s w w ten. I showed you a few minutes ago So the assa twin basically what they did here Is they took a standard pin tumbler lock And then put a slider lock on the side Now this is kind of like the pins are kind of like the desmo Except without this part here you just have That there except it extends this way So you have two false gates on either side of the true gate And the bidding is actually on the sidebar itself So the shelves in the sidebar will be at different heights depending on the bidding of the key Um, this one has the original gin bottle shaped spools Which is definitely one of I would say the hardest locks to pick I've ever encountered Um, this is an incredible lock and definitely something to aspire to They also generally have pretty insane bidding also So the assa twins been upgraded a few times the patent expired and they Put out different features. There's one called the v ten that has the same Ideas as the w s w to where it'll have a peg on one side or the other And you have ten tracks that can raise them to different levels And the last rendition is this here. Well, actually not the last I think the dp is the last but This is the assa twin combi Now what this is is basically the same deal Except the sidebar pins not only do they have to be lifted for the finger pins on the sidebar But they also have to be rotated to the correct position So this lock here is kind of like having a six pin assa with a medico on the side Um, these are incredibly difficult to pick I've never actually gotten a combi open yet One of the few locks that I have that I've not been able to get open Um, these things are incredible. It's an amazing work of Mechanics I'm very impressed with the way they did this This here is just a double Euro of the combi So another example of their incredible bidding And you can see those sidebar are kind of sweeping They're not directly up and down to set just vertical height But they also kind of sweep to set those horizontally also Rotationally, I should say Now while I'm showing assa Um I guess I'll show this guy here. This has an assa core in it This is what's called a mobile cylinder. These are used in prisons Um, as you can see it is much bigger than your standard mortise cylinder And obviously that'll make it a lot tougher These are made of I think case hardened steel. It might be full hardened steel I'm not completely sure about that But this is actually replacing another lock that was basically just a beefed up mortise cylinder This big but just five standard pens and some couple spools things like that But this incorporates that assa twin. It's the assa twin 6000 This is the 851 keyway Um, but it puts the assa twin 6000 into that gigantic form factor for prisons And while I'm showing you that, um prisons also use lever locks This is a lever lock key from a prison Um, I don't have a lock to show you unfortunately, but I don't know why but everything in a prison is bigger. Um, well, I do know why it's to Make them a lot tougher, but I think these are pretty cool. I'd like to get one of these soon so I guess Schlagg wanted to be part of the party With the assa twin so they went ahead and created the primus Um, now this is not Nearly as difficult to pick as the assa twin line, but it's the same concept So you have Basically a Schlagg lock with a medico on the side Same deal as the combi Where you have those sweeping Sidebar fingers that need to be lifted and rotated to the same height or not to the same height to different heights. I'm sorry Um, but this is Schlagg's entry into the high security game These are incredibly neat. Um, I actually had to make a pick and actually while I'm at it Let me show you these real quick So this is my assa twin combi pick One of the ones I use I don't know if you can see that all that well, but So you can see that little u shape in there And that's to actually hook into and lift up those finger pins and also be able to rotate them So I think this is the one I used for the Primus oh no actually It was this one. I'm sorry Goes the other direction um But if you get into high security locks, you'll definitely end up making a lot of your own tools like I said earlier Um, but this here is my premise pick for the sidebar pins I didn't show this earlier. So another lock that uh Decided to take high pin counts and take it to the extreme This is the mower crypto um Looks a little weird because I happened to Brick it while I was trying to take it apart at one point, but I will fix that eventually This actually has 18 standard pins or 18 pins. It's got six on the side six so here We got six coming down from here Six coming up from here and then another six going in this way at the corner Um, these pins are very tightly packed in there It's really hard to get in there with any tool To uh to pick them individually without over-setting others Um, this is a super neat lock But another incredibly difficult one But that's more in tune with the cabas things like that So the Australians When they got into high security They decided to create this guy here It's called the by lock So instead of saying let's just take one key and put a bunch of pins on it They said hey, let's put two locks side by side So you can see this looks like literally two keys just glued together Um, there's different bidding on either side And this is not a standard pin tumbler both What this is Is it's more like that medico cam lock to where you have 12 pins And they're lifted but they uh, there's things in there that prevent them from rotating But they do have a hole in the side and that sidebar Or both the sidebars have little fingers that stick out and stick into the holes in the side of those pins Um, they will have false skates false notches false whatever you want to call it and true Um, it doesn't like to I'll fix that but uh basically it um Is two locks two medico locks side by side just without the rotation And oh, I guess here. Let me I forgot that I can just take this guy apart for you Here we go So there are our sidebars and that is kind of what the pins look like there They have that point but unlike the medico these aren't angled with these sidebars out. There we go The sidebars got those fingers that stick out of it Which sticks into the holes in the sides of the pins Definitely a neat idea. Let's get this guy back together there. Oh, that's right another thing I wanted to mention about this since it's not a standard pin tumbler um By locks don't have to worry about max so You can see here This goes from the lowest possible to the highest possible to the lowest possible to the highest possible lowest possible Highest possible so, um There's no maximum adjacent cut specification for these So trying to get your pick under that lowest possible to pick that highest is incredibly difficult There are a couple other high security cam locks that I don't consider very high security But they're still kind of neat and kind of an entry level into high security This guy here is called a bell lock. This is actually what they use in parking meters I can pop this apart for you real quick So this guy basically is like a split wafer lock Where you have Half wafers that pick up and down in different directions And they basically fit into these channels here, but this is more like a wafer lock Um Not very easy to pick But not incredibly hard either Definitely a fun one to get started And then another high security wafer lock here This is called the chicago duo So what they did here is they took your standard wafer lock that has cutting on the top and the bottom And they added a side track here that sets four more wafers So this thing I think has like 14 wafers in it Maybe a couple more. I think it's 14 And it's also got profile wafers. There's a lot going on in there It's pretty difficult to figure out where you're at, but it's not the hardest thing in the world Pretty neat lock though. All right, so this guy here another high security lock This is not very high security in terms of picking Although it's not easy to pick It only has three rotating discs inside of it But This is definitely made to withstand the elements and be incredibly beefy This is called the sergeant and greenleaf environmental padlock So it's originally designed for the railroads Who had problems with their locks freezing up and seizing because of dirt and grime And also had a lot of vandalism So they reached out to the sergeant and greenleaf company who designed this lock for them And these are pretty cool. They're kind of antique So if you find one, I'd suggest Holding on to it and if you can get one with a key, that's even better But the military also used these for some of their warehouses and other things like that Now in terms of disc detainer locks Abloy is definitely going to be your quintessential high security disc detainer lock And I'll show you those in a second, but you've got a couple other contenders here This is a company called takijin or takigan And I'll be showing you another one of their locks in a few minutes It's a company out of japan that makes manufacturing parts industrial parts all sorts of stuff This is their disc detainer lock. This is their actually lower security variety But they have higher security ones, but this is not going to look like your standard disc detainer key And that thin curved keyway Makes it so that all of your standard stored viable disc detainer locks don't fit You got to make your own And disc detainer locks is definitely going to be Where you're making your own tools more than anything else I've had to make all of those to pick different locks each one of them was designed for a specific lock This one was for the takigan This is actually for an anchor last This guy right here This is your security card for the anchor last And this is one of the very few disc detainer locks you'll find that only has bidding on one side of the key And you have to put this key in a very specific way. It'll only go in one way And then you rotate all those discs to the right spot and it'll open right up, but Like I mentioned before The quintessential high security disc detainer lock is going to be your abloy This is the abloy classic It's got a half moon looking key That again has bidding only on one side of the key Which means the key can only go in one way, but that's obvious by the half moon there And same deal When you rotate the key, it's got to rotate a full 90 degrees to set all the discs into place And then rotate the rest of the way Now this is the abloy classic basically their lowest security lock They've got a ton of other ones This is the disc lock pro Which has bidding on both sides of the key Which allows you to actually turn this either way and it's got a few other features in there that allow that to happen Most of them will just be reversible so you can open it by putting it in either way But this also has a disc locking system the little ball there It's actually a ball bearing or little divot there is a ball bearing inside of there that will not allow any of these discs to turn Until that ball bearing has been depressed That is an anti-pick feature And also it makes it so that you can't damage it by rotating some discs out of order and things like that Abloy has even higher security varieties like the protec one protec two things like that but um I don't have examples of those unfortunately All right, so this is the other Taki again lock that I wanted to show you Next couple locks i'm going to show our uh, japanese high security locks And the japanese kind of tend to go all out on their high security locks. They go pretty crazy um And they're really cool locks generally So this is um, I don't know the name of this to be honest It comes out of a piece of equipment that I work on It is a parking in lane pay station um So this basically protects cash and credit card data and things like that But this kind of Takes high security to another level um This thing is both high security in that It is very hard to pick. Um, I think this is an 11 pin Yeah, it's an 11 pin lock where You can see in there. Yeah So there are five or six I think it's five pins coming in from the Left side And then another six coming in from the top right at a 45 degree angle And they kind of intersect like this. So It's incredibly difficult to to get in there and pick pins without over setting other ones Not only that but you have to get tools in here and as I'll demonstrate with these tweezers. It's a little big Um, actually you can do it a little better with a pick So trying to get a pick in there to actually pick this thing. You have to make specialty tools to get in there But not only is it difficult to pick, but it's also very physically secure Um, this thing is made out of some pretty hefty materials Let's see. So it's got this gigantic cam on the back Um, and not only do you have to defeat one but you actually have to defeat two of these So you got one on the top and one on the bottom But this is actually one of my favorite locks in my collection.  So another japanese high security lock company is uh miwa And miwa makes some really awesome locks. One thing I haven't talked about yet is magnetic locks So this is a miwa magnetic lock that actually goes to the sega arcade cabinets the old sega arcade cabinets They call them a candy cabinet um, and this is This is actually a kind of a dumbed-down version of the miwa 3800 Which has dimple pins up top and then four magnetic sliders internally This one only has three magnetic sliders uh two that come from the left and one that comes from the right And they're stepped. So you have to pick each one of them a couple times Um, definitely not an easy task. You need a magnetic pick and basically you pick this thing by sound So you got to listen to what pins are binding which ones are not you attack the the one that's not bind or that's binding and make it jiggle And that's actually how you pick most of these locks is by doing what's called the jiggle test Um, actually, let me show you here what this does most sidebar um So when picking a lot of these locks if they have multiple locking mechanisms in them, you can tend you can usually isolate so With the medico, um, and medico is one of the few ones that you can actually choose what binds first With the medico if you tension it clockwise the, uh Driver pins will bind first and if you tension it counterclockwise the sidebar will bind first So you tension it clockwise pick all the top pins to shear And then the sidebar will engage and then you worry about rotation of the pins And whenever you're dealing with a sidebar with gates something that doesn't involve driver pins You're going to do what's called the jiggle test so you're going to go through the lock and set these to Whether either a false gate or a true gate And then you're going to tap each one with your pick and see if it jiggles Because if you see there's barely any room, but there's just enough room for this thing to move around a little bit So when you tap it with your pick, you'll actually feel it jiggle So when you're binding in a false gate, eventually that will stop any rotation or any jiggle Because you're putting pressure on it, but when you get to the true gate, it will always jiggle in the true gate So that's actually how we pick the majority of these locks is by what's called the jiggle test Um, so let me show you here another lock from miwa. This is a really cool lock. Um, this is the miwa pr and this is actually Rotating wafers in there. It looks like a regular dimple lock, but it's not there are wafers that are pivoted on a on a shared hinge on the top And they're like crescent shaped and they pivot and the sidebar and the gates are in the bottom So the sidebar pushes in it pivots till it hits the right gate and the sidebar drops in Um, now these have 10 and 11 wafers depending on if they're master keyed or not And they also have false gates and serrations on those wafers that make them It just gives you a lot of different feedback in there. So trying to find yourself into a true gate Not the easiest thing in the world, but it's definitely doable Also that keyway definitely restricts your movement in there So you got to find a pick that pretty perfectly fits Under certain uh under the wafers without over setting them because if you look right here See there's three dimples right here, but there's actually four wafers right there So that spot there is a max lift wafer So that's got to go all the way to the top And then this one here is almost a zero lift wafer So you got to get underneath that one and set that one as high as it can possibly go So there's a lot of uh difficult navigation you got to do in this thing Makes picking these very interesting, but There are tons of fun. Miwa makes actually a few locks on this rotating wafer design the uh the U9 is one that The key looks different. It actually looks more like an Ingersoll key where it doesn't have dimples It's actually got cuts on the key on both sides But yeah, so uh the Japanese makes some crazy crazy high security locks So now you can have high security lever locks as well and In safe deposit boxes instead of saying hey, let's put two locks into one They literally said hey, let's take two locks and put them into one So this here is a sergeant and green leaf version. This is the 4 4 4 0 44 40 This is a sergeant and green leaf safe deposit lock This here is the mower or not mower mosler 5700 safe deposit box lock Now this is what's called a dual custody lock Where two people will need to have a key And this is what's called the guard key and this is the user key So you have to insert the guard key first To activate the user key And this one actually doesn't turn all the way into like turn the guard key a little more.  They generally have false gates, but some of them don't Actually, I think that mosler has serrations That the the fence and the gate fit into so you'll have a serrated fence And it'll lock into serrations when you try to move it into place So other high security lever locks What I'm a little bit more familiar with are here. These are payphone locks So This here is the western electric 29a This is a five lever lock That protects the electronics portion of the payphone And you see that split in the key there and what that is is a blocking plate That sits in between the three levers in the back and the two in the front Which makes it very difficult to get to those back levers Not the hardest thing to pick, but you definitely got to get used to it and get your uh your technique down to get that open This here is northern electric. It's a canadian company The coin vault lock for theirs, which is actually pretty familiar pretty similar to the 29 Where it's got a divider in there But this one the actuator is separated from the plug So when you turn the plug The actuator doesn't turn until the plug is about here And then by the time you get a pick in there you get stuck because I'll do another video on this in in the future But it's very difficult to get into Now this is one of my favorite locks in the world and One of the reasons for that is because I am the only person In history to pick this lock on video or actually to pick this lock In any sort of documented fashion um I'm going to be doing a video on this lock only Also for def con which will air tomorrow Uh tomorrow night at I think six. I'm sorry if I get that wrong, but I think it's six o'clock tomorrow night um And this is the western electric 30c So this lock until I picked it was considered unpickable and unpicked Um, basically what this lock has is Not only does it have eight levers all with false gates But it also has a blocker mechanism That when you turn the key to this point that blocker mechanism moves in and locks all the levers in place Before the fence ever gets to the gates So when trying to pick locks generally what you do is put tension on them Which will bind something up So then you can then move them and find where they need to be But this one before anything binds they're all locked into place So I had to figure out a very special way of picking this And I did and actually you'll probably be underwhelmed when you figure out what I did but um If you feel like checking it out, it'll be on tomorrow But uh, but yeah, so that's that's about it. Um High security locks are kind of my passion if you couldn't tell I love everything about them. Um, I do have a youtube channel. It is Very difficult to find it is just a nothing simple But if you Look on youtube and search western electric 30c You will find it If you want to look at any of these any closer I have most of the locks I showed you today um on that channel And uh picking them taking them apart talking about them things like that But anyway, I hope you all enjoyed that. Um Sorry if it was a bit rusty and rough at first, but uh is what it is Hey, I appreciate you all take care. Stay safe. Thank you very much


QuickBooks Desktop 2023 Bank feeds, purchase inventory, periodic and perpetual systems. Let's do it within 2-its, QuickBooks Desktop 2023. Support Accounting Instruction by clicking the link below giving you a free month membership to all of the content on our website broken out by category, further broken out by course. Each course then organized in a logical, reasonable fashion making it much more easy to find what you need than can be done on a YouTube page. We also include added resources such as Excel practice problems, PDF files and more like QuickBooks backup files when applicable. So once again click the link below for a free month membership to our website and all the content on it. Here we are in QuickBooks Desktop Bank feed practice file. We started up in a prior presentation going through the setup process we do every time. Note that the homepage isn't maximized and I've changed the settings to do that by going to the edit drop down preferences and then in the desktop view. I changed it from multiple windows to one window and we're going to then close that back out so I can toggle between the windows with the open windows on the left. Reports drop down company and financial profit and loss standard. Let's change the range. I'm going to go from 010122 to 123122 and then customize the report to go to the fonts and numbers changing the font up to 14. OK, yes and OK reports drop down again company and financial this time the balance sheet. I'm going to go to the customizing to change the range from 010122 to 123122 and then fonts and numbers changing the fonts to also 14. OK, yes and OK opening up the bank feeds now banking drop down bank feeds we got the bank feed center only there if you have bank feed setup which we do which we did in a prior presentation. So I'm going to go into the unrecognized area here now we're linked we're thinking about inventory purchases just a quick recap on the complexities of inventory. If I go back to the home page noting that our goal is to try to automate as much as possible inventory typically throws an accrual wrench into the system messing up both the vendor side outflows of cash ultimately for the purchase of inventory and the customer or revenue side the inflow of cash for the cell of the inventory. So typically there's three ways that we can kind of deal with inventory that you might want to be considering last time we entered a transaction for the first and easiest way which would be I'm not even going to deviate from the cash based system. I'm just going to record a transaction as it clears the bank when I purchased the inventory using a check type of form but rather with the bank feeds and just record it straight to cost a good sold not recording that at inventory not then having to decrease inventory when I make a sale. And then when I do make a sale I can just record the deposit of income or possibly have the invoice and the sales receipt on the sales side of things are major focus right now being on the purchase side of things. However that would just work though if you don't have a lot of inventory because and if you're doing like a just in time or you're purchasing inventory specifically for a particular client for example. The other methods if you have more substantial inventory tracking needs are going to be a periodic inventory system or perpetual inventory system a periodic inventory system being one where you can track the inventory outside of the system. So we'll enter a transaction related to that with regards to bank feeds then you might still be able to kind of automate the system on the purchasing side of things because when you purchase the inventory. You might just say I'm going to save that vendor use in essence a check type form as it clears the bank and the purchase is going to go straight in to an account called inventory. What it wouldn't be doing if you're using this kind of periodic type of system is then tracking the inventory items in a sub ledger breaking out the inventory items because instead of doing that within QuickBooks you're doing that outside in other software possibly simply Excel or Google Sheets and then periodically you're going to you're going to have to use your outside calculations using the cost of goods sold calculation beginning inventory plus purchases minus ending inventory which you would count to see the cost of goods sold and then do an adjusting entry periodically at the end of the night at the end of the week at the end of the month for example. So that's the second method that will test out and then the third method is the full inventory tracking method within QuickBooks a perpetual inventory system which is going to be more complex with regards to the bank feeds because now you're going to have to set up items tracking the items when you make the purchase of the inventory which you could still do with a check form or a bill form because either of these forms still have an items area which is what you need as opposed to just entering an expense or an account. However the bank feeds are going to have some complexity to track the items and then when you sell the when you sell the stuff you can't just enter a deposit form because you're going to need to enter an invoice in the sales receipt in order to track the items perpetually within the system. So let's first think about that first method we're tracking inventory outside in terms of a sub ledger and then we're just going to record the purchases of inventory to an increase in inventory which we will have the account inventory. So I'm going to say all right let's say let's just I'm going to just pick one of these items I'm going to say let's just use this one I'm going to pretend that this one is a purchase of inventory. So I'm going to type in I mean maybe I had this vendor before I'm going to say primary this time I'm going to say 01 to make it a little bit different of a vendor so I'm going to add the vendor. I'm going to say tab do a quick add of the vendor so quick add it's going to be a vendor so I'm going to say OK and then tab tab and then the account this time last time we took it straight to an expense account which is the kind of expense account costs good sold. I'm going to put it into an inventory account called inventory. Now if you set up your chart of accounts and you assigned a type of industry that has inventory then you might have an inventory account already set up but we're setting up our accounts as we go.  An other current asset is not a bank account not an accounts receivable not a fixed asset. It's going to be another and it's current as opposed to other assets other current asset and I'm just going to call it inventory inventory. Hopefully I spell in everything OK. That looks good. I'll save it and close it. So in terms of the chart of accounts now if I go to the list drop down chart of accounts there is our inventory account other current asset. So back to the bank feeds and so there it is. Let's go and hit the drop down right here real quick and look at the more details just to check them out. Notice that we have the date. We've got the memo. There's the vendor we have the account that's going to be hit here. We could say it's billable which means we could use the billable thing to kind of pull it over to something that could be added to the invoice. What you do not see here however is an items tab. Notice we only have expenses kind of tab which would be similar to that check form or bill form that we saw. We don't have an items kind of tab and therefore we can't assign it to the items. So it's not going to be tracking. We can't really track it within the system because I had just assigned it to an account. I didn't use an item which would also track the sub ledger which we'll talk more about in a second. So if I say save it and close it. What's that going to do if I go back to my balance sheet. Well obviously it's we see it recorded here and if I go back to my balance sheet then I can double click on the checking account. We still used a check form. This this one was the $30 one going or 50 going to inventory still using a check form. But it went to the expense side assigned to an account directly as opposed to using items because we didn't have an items in the bank feed thing. We didn't use items which is what we would need to use to track the inventory perpetually instead of periodically. So we're imagining we have then closing this back out an inventory spreadsheet possibly that's tracking the units of stuff that we currently have on hand. And then when we sell that stuff we're going to mark them off as being sold and then we'll count them at the end of the period to determine how much has been sold that would and then we're going to have to do an adjusting entry. So here's the other side in inventory and asset as opposed to what we did last time which was recorded directly to the expense account in profit cost a good sold. So last time we just expensed it before we actually made the made the invoice. This time we're doing the more proper accrual thing although a periodic system as opposed to perpetual at this point putting it in inventory. And then we're going to have to decrease it from inventory when we sell it which we might do periodically by tracking the inventory outside the system counting it how much we have. And then at the end of the day counting how much we have beginning balance plus purchases minus the ending balance the ending count then is going to be the cost of goods sold which we can then decrease the inventory by and record the other side to cost a good sold possibly using a register to do that you can go to for example lists chart of accounts inventory and I could say if this went down to to like $20 worth of inventory whatever you got that conversion between units and dollars. Then I can decrease it here by $30 and record the other side to cost of goods sold. So I've got this extra step that I would have to do which isn't cash related because it's an accrual component within it transferring the inventory from an asset to an expense as we use it as we consume it as we sell it in order to generate revenue. Okay, so then I'm going to close this back out. Also just know when you sell the inventory then under that method you might just wait till it clears the bank will get into the revenue side later but use a deposit form which isn't the natural thing to do but you could do that then that would record income or you can sell with an invoice and a sales receipt and record it there. Note that we might have sales tax issues that we have to take into consideration on the sales side of things which again we'll talk about more later hopefully. So now let's imagine we're going to do a perpetual inventory system we know it's on because we got this line up top we turned that on by going to the edit preferences and we went to the inventory items company preferences turned that check mark on giving us that indication that it is on with this item up top. Now usually this then starts with with the purchase of a purchase order if you're using that which would add another level of complexity which would only be used if you're fairly large company with good leverage requesting inventory before you purchase it. But then typically we enter the inventory either with a bill or with a with a check form so the check form would still be close to the bank feeds. But remember we can't really use the bank feeds over here to record the inventory because I need to track it with items and as we saw before if I go into like this one we don't have anything to track the items. So let me show you what we mean by items to track inventories in the system I got to go to the list drop down item list and then I'm going to set up my item list which will be used to purchase the inventory and also use on the sales side when we sell stuff whether that be inventory or service items. I'm going to make a new item. Now note if I make a service item. It doesn't have to do with inventory. That just is what we would set up to sell services. It will populate if we were to use infant voices or sales receipts. I'm going to look at an inventory item. And so I'm just going to call it let's say it's called an invent inventory item number one. I'll say and I'm not going to add anything more than just the bare bones which is going to be description and then the sales description. The purchase description showing up on the bill or check form sales description showing up on the invoice or the sales receipt. The cost I'm going to say is $30. That's what we're purchasing them for. And then it's going to go to the account of the cost of goods sold when we sell it with an invoice or sales receipt. And then I could use a vendor. I'm not going to choose a vendor the price. I'm going to say this is the sales price. I'm going to pretend we sell it for $60. The $60 will show up on the invoice or sales receipt. The $30 is what we buy it for on the on the bill or the check form. So the income account then we're going to need an income account for it to go to. We only have expense accounts thus far. So I'm going to make a new account when I sell it. It's going to go to an income accounts. I'm going to say it's an income account. Boom. And I'll just call it sales generic income account called sales. Save it. So that looks good. The asset account notice it created another asset account because it usually makes an asset account to track the inventory to. So I'll let it keep that just to show the difference between the two asset accounts that we set up one on the perpetual this on the periodic system. And there's nothing on hand. You've got the reorder point as well. Okay. So if I record that I'm going to say OK. And so I'm just going to say add that. And so there's our inventory item. Now if I go to the home page that inventory item can be used on the sale side and the purchase side. So on the purchase side of things we use a bill or a check form. If I was to use a check form which is similar to the form used when you have a decrease it's the form that is created by the bank feeds. I would now go to the items and then I'd have the inventory item here which would then populate. But I can't really do that if I close this back out on the bank feeds because if I wait till it clears the bank and I look at that item here. It doesn't give me it only gives me like the expense side. It doesn't give me an item's thing. So so I can't really do it that way. So what I would have to do then if I was tracking perpetually is either enter a bill first or a check form first and then use the bank feeds to match to it. So for example let's imagine I used I had a purchase order that we sent out maybe and then let's just enter the purchase order just for the fun of it. We'll say this is going to go to prior primarica we said primarica 01 I'll say and then it's going to be on the date of let's make it 01 02 22. And then I'm going to make the item down here which is going to be the only item we have and it's going to be for $30 and then I'll say that I'm going to purchase this for a particular customer. Let's make up a customer customer customer number one tab. I'm going to set up the customer. And so that's who we're purchasing it for now a purchase order is just a week request for inventory you might not do this step. You might go directly to the bill or the check form. This is an informational form internal form doesn't have any impact in other words on the financial statements. We would be requesting from the vendor which is primarica in this case we're imagining for this number or this quantity of inventory items which would be inventory item number one. Once we receive them we would imagine we get them if we bought guitars we get a box of guitars with the bill in it we're imagining so I can save and close this. And then you would see like if I went to like the vendor center I could see this new this vendor that we had right there and I could see the purchase order. I can also go to transactions and I can track the purchase orders that are outstanding this way as well. So then if I then if I received it with a bill in it I might enter the bill or I could pay it off directly with a check. So this is how the bank feeds fit in now you can say OK where do the bank feeds fit in. Could I could I wait till this clears the bank well I can't really connect the bank feed to the purchase order. So and I and I have to enter a bill or a check so that I have that item field. So let's start with a bill just to imagine a bill. So if I enter a bill and I go bill to primary care it connects to the purchase order. So the system is saying hey we got a purchase order. So I'm going to say yes let's connect the purchase order. So now this is primary care looks like a check but this is a bill form now. And so the amount down here notice it's not going to the expense side of inventory but rather to the item the item will tell it to do the transaction which will still go to an increase in inventory. Asset account because the item is telling it to do so. But if I use just the expense account it won't then track the sub ledger. We also assigned it to a customer and made it billable which is a nice tool because then it allows us to see that we bought it for a particular customer turn around and then create the invoice from that. So if I say save and close let's see this transaction if I go to the balance sheet. Now we've got the inventory asset account which is a little bit if I go into that there's the bill. The bill doesn't have anything to do with cash so I can't really make that with the bank feeds. The other side went into accounts payable account which is an accrual account and there is our bill closing this out closing this out. And then we also note that the inventory now is going to be tracked in a sub ledger reports drop down and then we can go to the inventory inventory valuation summary. Let's make this as a 1231 to 2 customized the report fonts and numbers I'll bring it up to 14 so we could see it a little better. And so now I'm tracking the actual items of inventory. This is this is what we didn't have in the other method but would have to be tracking off or out of QuickBooks on a periodic system. Now we're tracking it on a perpetual system. This $30 cost should match what is on the balance sheet all the time if everything is working as it should. So now how how do the bank feeds fit into this. Well if I go to the bank feeds now I can pick let's imagine that this was the transaction. I know the date I entered the dates kind of for far away here but let's imagine this is the transaction that should be matching out. Now sometimes the system might be able to recognize that you had a bill that was tied to it and you can and it'll it'll see. Hey look this transaction is tied to that because I entered them in reverse order it's less likely to pick that up. Now we could also say when I pay the bill you might pay it using your accounting system and then match to the check. Or we could imagine that we're going to say let's hit the drop down and then I can add more details or go directly to match. Either way I go into this same screen but I got these two items up top. If I go to match then it sees the match right here. Here's a bill and I could record this transaction to enter a payment to the bill directly. So in other words if I check this off that'll make a check type of form that will decrease the checking account. The other side decrease in the accounts payable and so I can say okay let's save that one. Two of them have been recorded. Out of the balance sheet now I've got the accounts payable back down to zero with the actual check. Notice it made a kind of check form but a special check form which is called a bill payment form. And then the other side went to the checking account up top and the checking account double clicking on that. We've got that bill payment form right here. So that's one way the bank feeds can kind of connect into that type of system. So notice that nothing has happened on the income statement yet with the inventory because we haven't sold it. Now if I take this to this natural next step when we sell the inventory we'll talk more about selling inventory in the future but just note I'm going to have to use a sales receipt or an invoice because I can't just use a deposit form. I can't just wait till it clears the bank because I won't be able to tie it out to the item. So if I create say an invoice for example and I bring this to this customer number one because I used a billable item QuickBooks has connected it and I can then say okay let's pull this over from the items inventory items and then pull that in. Now it's going to populate my invoice driven by the item which we told it to charge people $60 for. Now this invoice is actually quite complex. There's a lot going on with it. It's going to be what's it going to do? Well it's going to increase. I'm just letting it go on the dates here. Well I'll just keep it there. So what's it going to do? It's going to increase the invoice accounts receivable because it's an invoice. The other side is going to go to the sales which is driven by the item, the sales account that we set up and then it's also going to have a decrease to the inventory. $60 but I believe for the $30 that we told it to have for and then the other side is going to go to cost to goods sold. Also you could have sales tax kind of in the mix here which we didn't set up. We might talk more about sales tax later but if you're using this perpetual system then the system could be set up to calculate your sales tax fairly easily within it as well. So let's save it and close it and I'm not going to email it so I'm going to uncheck these items and then save it and close it and then I'll go back to my balance sheet. So now the inventory items, let's customize this one and I'm going to go into the advanced so I can see my two and I'm going to see everything that's active. Okay, so that gives me my two inventory accounts. Here's the one that went back down to zero. So it went in and out, went out with the invoice on a perpetual system. The other side then going to the profit and loss. So now we've got our cost to goods sold again. We got two accounts. One is on a perpetual system. The other was when we used the periodic system and then we also have our sub ledger of inventory which is back down to zero because we sold that only one piece of inventory that we had. Now you could do this with just a check form as well. So if I went back over here instead we could make a purchase order or no purchase order and then instead of entering a bill, we're just going to pay it with a check directly when we buy the inventory. We still can't use the bank feeds which basically makes a check form because we can't track the item. So let's just let's do this first. I could make a check and then use the bank feeds to match to the check. So for example, I could say let's make a check. I'm not going to have a check number.  And then we'll say that the payment is going to go to Primerica 01 again for the amount, let's say $50, which I think matches one of the amounts that clears. That's why I'm using 50. And then I'm going to set up an item. Let's just make another item. I'm going to say new item. Notice you can make up items as you go on the fly as we're flying. So it's going to be an inventory part. I'll just call it item. So let's call it in item two. And then I'll just copy that and put that down here. It's going to be cost when we buy it. It's going to cost $50 and cost a good sold. That looks good. We're going to sell it for $100. Let's say again. So the account is going to be sales when we sell it. It's going to have to go to the inventory account when we when we increase the inventory asset account. Notice I could change the cost of goods sold. I have two down here. So I could choose the one I want and not have two of them clearly. But I'll use that as a distinguishing factor between the accounts. So then we got inventory on hand as of date. So that looks good. I'll say save it. So there it is. This is going to decrease the checking account. The other side going to the inventory and the sub ledger. Save it and close it. Go back to the balance sheet. Checking account. Now we've recorded this item, which doesn't have the little thing here because we didn't tie it out to the bank yet because we recorded the check independent from the bank feeds. Double-clicking on that. There it is. Closing this back out. Closing this back out. The other side is going into inventory. There it is in inventory. We use an item. Therefore it should be on the sub ledger. So if I go to the inventory sub ledger, it's tracking it on a perpetual system. Then when the amount clears the bank feeds, I could match it. So I could say, let me check it this way. And I say this one, let's imagine this is the one that matches, which the dates are backwards. So that looks a little funny, but it is what it is. See if I could still match it. But we've got, we've got that one. And notice it might pick it up automatically if I didn't have the dates backwards. If I entered it in the proper order, right? I entered the transaction and then it cleared the bank. But if I hit this drop down and say match to an existing transaction, then it doesn't see it because of the date. I think, let me go back on over to the, to the balance sheet, go into this. I'm going to change the date from 1017 back to, let's say, let's just make it to 080122. And then I'll say save it and close it. Yes. So now the date should happen before it clears bank feeds. And then I'm going to go boom. And then this one, let's see if I can say edit match to existing, still not pulling up. Why? Oh, the other thing here is I've got the last 30 days versus show all. So I'm going to show all because the last 30 days would work quite well if you're working real time. But because I'm doing example problems and my dates are all over the place, I'm going to go over here. So there it is. So there's the 50. I'm going to check that off. And this then isn't going to record anything new because the check has already been entered. All this is doing is saying, yes, bank, I see that I recognize that when cleared the bank. I already entered it into our system, which is good because it's a matching tool that will help us with our bank reconciliations possibly. And so it's still useful, but it's not creating the transaction in this case. So if I close that out, if I go back to the banking and I double click on the checking account, you can see that that that now has, I think it was this one now has the little lightning bolt, meaning we use the bank feeds to match it. Not to record it, but it's still kind of tied out for my bank reconciliation purposes. And so I close that out. So those are the couple of different ways you can see how inventory will kind of feed into the system. So just a quick recap. When you buy the inventory, you could try to expense it as cost of goods sold at the beginning, stay in a cash based system. But that's, you can't do that all the time. You might then go to a periodic inventory system tracking inventory in a separate software or Excel or Google Sheets. And then when you record the purchase in the system, you could still use the bank feeds. But if you increase an inventory account, you're going to have to do a periodic adjustment when you count by counting the inventory. Or you could do the full service inventory tracking inventory in the system, which means you have to set up your items in order to to not just record invoices and sales receipts, but also to record the purchase of the inventory. You get the sub ledger that will then be tracked within the QuickBooks system, which complicates the bank feeds and being able to build your system just with the bank feeds, because you're going to have to use forms that might have an accrual component to them. And you're going to have to use the items so that you can track the inventory and the sub ledger properly on a perpetual system.