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product configuration Help

on 3/13/14, 6:06 AM 790 views

Hi i have set foolloing configuration on product category, it generate right accouting enteries for creating of a purchase invoice, but on sale invoice it dosnot effect inventory and COGS accouts

  1. Income account : 005- Sales Of Computers(Recovery & Auctions) -> (account type is income)
  2. Expense account: 003- Computers & Printers -> (account type is asset)
  3. Stock input account: 003 -Computers & Printers -> (account type is asset)
  4. Stock output account: 60 -COGS: Computers & Printers -> (account type is Expense)

Please Reply

On 3/13/14, 10:10 AM


Go to Setting -> Users -> Users -> form view -> Access Right -> Manage Inventory valuation(True)

Go to product view in accounting tab set Inventory valuation="Real Time (Automated)

you will do this for all products.

Good work

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Asked: 3/13/14, 6:06 AM
Seen: 790 times
Last updated: 3/16/15, 8:10 AM