@VACUUMDOG What version of the program are you running to show this? I previously posted in another thread that the Inventory on Hand account will no longer show in the drop down box for the JE. See:
@Ealfardan Thank you for your response. The starting date was originally set to 1/1/2024:
[Clipboard_08-14-2024_01]
I attempted to redo the opening journal entry. I missed that it was going to a cost account.
However, a cannot seem to get the “Collections” Inventory account to work:
[Clipboard_08-15-2024_01]
I wanted to correct this to see if the account amounts on the summary screen showed up as to my expectations, but am now stuck. It seems that the custom inventory control account shoul…
It is in fact irrelevant, provided the effort spent on managing inventory is more or less the same.
I say this since the amount of work to be done by the user has to be taken into account – relative to other software, since efficiency in managing Inventory could make or break a business.
I agree with @eko that Dynamic Recalculations are the better option.
I remember the case that lead to this development and it was about the inability to account for cost when there’s insufficient quantities. …
You must be on an older version than 24.8.4.1788 ?