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Hello gang,

My initial inventory is done and validated. I can see the total value (here 2598,26 $) of the stock inventory in « Current Inventory Value ».

But how to automaticaly transfert this amount in accounting? Account stock is still at 0 $.

Should it be automatic?

Thanks!

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Best Answer

You set:

  1. Settings/Warehouse - check Generate accounting entries per stock movement
  2. In product form - Inventory Valuation = Real Time (automated)
  3. In product category define all accounts (or/and in product form)
  4. In Warehouse/Locations - find Inventory loss and Production locations, they set Stock Valuation Account (Incoming) and  Stock Valuation Account (Outgoing)
  5. In Stock Journal form, if you need this, set Autopost Created Moves.

Hope this help.

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it seems very very interesting. Will try it soon. zbik I will have to pay a beer to you... Thanks

As soon as I visit Canada :) or ... you Poland :)))