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What are the objective and use of the Stock Journal?

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michel Guénard
on 4/6/13, 10:39 AM 2,047 views

Can someone advise as to the use of the Stock Journal? in current practice of accounting

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AJ Schrafel Paper Corp

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--AJ Schrafel Paper Corp--

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AJ Schrafel Paper Corp
On 4/6/13, 2:42 PM

To create a double entry accounting of the stock you receive, consume, produce and ship.

It is a method of keeping track inventory, with checks similar to the checks used in accounting.

Thanks; but under which circumstances do we need to use such a journal, considering that all products operatins are automated;? Or said differently: does this journal automatically records all amounts related to stock received/consumed/produced/shipped? in my case this journal is having NO ENTRY!

AD LIBITOM, michel Guénard
on 4/6/13, 3:01 PM

yes, automatically. maybe you did not configure the stock journal properly. Go to Accounting > Configuration > Journals > Journals if you are using v7.

odimegwu david
on 7/24/13, 8:57 AM

how to activate it? because when i buy or sell products, the account in stock journal is doesn't moved.

Fransis L. Yoas
on 6/24/15, 5:20 AM

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Asked: 4/6/13, 10:39 AM
Seen: 2047 times
Last updated: 3/16/15, 8:10 AM