Hello. I have noticed an issue with inventory starting balances. When I enter the opening entry the value of opening stock of inventory goes to the inventory cost (Expenses) rather than the the stock(asset) account. The quantity is fine. It goes to the stock but the values goes to expenses instead

See: [image] Starting balance There is no concept of starting balances in Manager. Simply create necessary transactions to establish starting balances. For many businesses, single journal entry will do the job. and [image] Moving…

[image] Added periodic revaluations for inventory items The latest version (24.7.7) introduces periodic revaluation for inventory items. While we lose automatic inventory revaluations, we gain several benefits: Flexibility: Switch between different inventor…

Inventory starting Balances

shahabb September 23, 2024, 7:11pm 3

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Inventory starting Balances

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