Opening Stock
Opening Stock is the amount and value of materials that a company has available for sale or use at the beginning of an accounting period.
Last updated
Opening Stock is the amount and value of materials that a company has available for sale or use at the beginning of an accounting period.
Last updated
The closing Stock of the previous accounting period becomes the opening Stock of the current accounting period.
Create .
Link Warehouse to appropriate accounting ledgers.
To post opening stock visit the page.
Create the and records beforehand. To post opening stock for serialized and batched items:
Go to Stock > Stock Transactions > Stock Entry > New.
Select 'Material Receipt' in 'Stock Entry Type'.
Select the Warehouse in 'Default Target Warehouse'.
In Items table select Item Code, Qty and Basic rate.
For batched items select Batch No.
For serialized items select Serial No.
Save and Submit.
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