Hello, everyone! I am using this manager accounting software as a newbie and I am a bit confused regarding the stocks account.
Btw I am running an online e-commerce business and managing my accounting using this software.
So, my question is what will be the correct place to add my clothing stocks (which purchase to sell online)?
should it be under assets? or Expense? and when I get any sale should sales goes to the sales account or stock account?
Thanks in advance. 