How to transfert the value of the initial inventory into accounting?

Question

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!

Zbik · Answer

You set:

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

Hope this help.

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