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Where the stock input account and stock output account and valuation account should reflect in the accounting reports?
While i am creating product category three accounts are there "Stock Input Account " and "Stock Output account" and "Stock Valuation account". Where these three accounts should reflects in accounting system, i.e under which head wether these under "profit and loss" or "Balance sheet" or "Trial balance". I don't have much knowledge on accounting. Can any one help me please?
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|Asked: 9/13/14, 5:20 AM|
|Seen: 1315 times|
|Last updated: 3/16/15, 8:10 AM|