Linking stock warehouse and accounts
The value of stock stored in the warehouses needs to be tracked.
Last updated
The value of stock stored in the warehouses needs to be tracked.
Last updated
Each warehouse is linked to a ledger in chart of accounts through the 'Account' field in the warehouse.
If required, you can create additional ledgers under 'Stock Assets' group.
Chart of Accounts > Assets > Current Assets > Stock Assets > Stock In Hand.
When a company is created, a ledger named 'Stock In Hand' is created by default in Chart of Accounts.
If the Account field is empty in a warehouse, then the Account mentioned in the parent of that warehouse is considered. If an Account could not be determined by tracing the hierarchy, then the Default Inventory Account mentioned in the Company record is considered.
Was this article helpful?Give Feedback.
