Hello all ,
I am setting a new company were the accountant sent me the journal entries of the year so I uploaded it and it contain the stock finished valuation account as $2,153,500.00 debit and same for raw material valuation account as $1,850,000.00 debit but after that I found that it didn't change anything in the inventory report and it only changed in the balance sheet.
So when I imported stock on hand I found that there is a difference because when I imported the stock the system created journal entries for each product.
How can I solve that as if I tried to remove the two account debit from the journal entries of 2021 I will have difference between the credit and debit.
Please I need help in that so that I have clean work.
Thanks in advance,