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.