Hello, I’m currently in the process of registering new inventory items along with their opening balances. In the past, I recall there being a section for entering the starting balance quantity along with its average cost to record these opening balances. However, I can’t seem to find it now. Could s…

[image] CEOHaaks: almost all users I did not see a questionnaire to that extent. Please post on behalf of yourself and not almost all users. Thank you.

How many have welcomed this change, can specify please. Whosoever has commented, probably its against it.

Well that is not possible in all the cases, in my case its almost over 300 item, how can i do that big entry. Further it has increased my task instead of reducing. Always program aims at improving the existing things not deleting and starting a new one. Please reconsider.

Please show me how many have welcomed this changes??

[image] CEOHaaks: Please show me how many have welcomed this changes?? Why should I? I advised that you speak for yourself and not on behalf of an unsubstantiated “…almost all users…” I actually think that the explanation in the 3rd post in this topic by @Lubos ( Inventory Item Registration …

[image] CEOHaaks: in my case its almost over 300 item, how can i do that big entry. See Inventory Item Registration and Opening Balances - #18 by lubos

There’s always a compromise in any workflow so I can relate to the frustration of @CEOHaaks . I can see that for 1000+ inventory items, writing a journal entry would be frustrating indeed especially compared to batch creating from a spreedsheet. However, apart from that, this will reduce the work r…

[image] Ealfardan: And about the 1000+ inventory journal lines, maybe Manager could create the Journal Entry structure for you, much like copying a Statement to a Receipt. [image] Why am I unable to enter quantity on hand? It has disappeared One way it could be handled is to have an Openin…

@lubos it is consuming too much time, first Open New Items Head, even one by one or Batch operation, then made the JE separately. its taking time. earlier practice was very time saving and convenient in single operation we do all work. request to active the option of Qty on Hand & Price / Rate i…

@Syed_Salman_Ali starting balances are meant to be used once only. At the beginning of starting a busienss. If you are migrating a business from previous accounting system, then it will take some work to establish starting balances for all accounts and sub-accounts.

Inventory Item Registration and Opening Balances

Topic		Replies	Views
Added "Starting Balances" section under "Settings" (again)	20	584	October 25, 2024
Inventory Start Balances	3	128	September 25, 2024
Why am I unable to enter quantity on hand? It has disappeared	10	284	April 17, 2024
Inventory Quantity Change	10	434	June 8, 2024
Establishing opening balances in inventory items	11	1122	January 18, 2023

Inventory Item Registration and Opening Balances

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