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Accounting problem:closing stock evaluation

By
Shivam Goyal
on 1/28/14, 12:17 PM 771 views

Hi Everyone, I am new to OpenERP. I am not able to figure out something in Accounting Module.Now my functionality is as follows.

I want that in the profit and loss sheets there should be evaluation of stock(Purchased stock - closing stock).This should be cosidered as my expense and not the whole of purchased stock account.Now in the balance sheet the closing stock should be assetized in the Current Assets.

I tried to do it.So i created a purchase stock account and sale account for a product (Consider a trading firm).But i am not able to fetch the closing stock value.Also how do i subtract it from the purchase stock account in the profit and loss sheet.Then how do i asssetize my closing stock in the current asset.

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Asked: 1/28/14, 12:17 PM
Seen: 771 times
Last updated: 3/16/15, 8:10 AM