I cannot choose the inventory on hand account in purchasing. Before it shows up in the “account” field, I still have to input through the “item” field an inventory item then the system automatically fills up the “account” field with “inventory on hand”.
I cannot choose “inventory on hand” in the assets list.
In connection to this, I don’t know where I should input freight-in. Do I have to create an account for it in the chart of accounts?