Stock Adjustment JV Details
If we are not using finace posting from GRN and GIN then we can update closing stock in ERP as follows.
Please see below document using any strategicerp.com email id:
https://docs.google.com/spreadsheets/d/1G8a3-u6CvgINkEg1TcjLskBQdhwqCSg9ZD19fl0xRBs/edit?usp=sharing
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STOCK ADJUSTMENTS : |
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A. Year 2014-15 |
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| Particulars | Amount | ||
| Opening Stock | 2,00,000.00 | ||
| Closing Stock | 1,50,000.00 | ||
| ` | |||
| Steps : | |||
| 1 | Create Groups From Accounts Group : | ||
| Group Name | Parent Group | Account Head | |
| Say, a. | Opening Stock | - | Trading Account |
| b. | Closing Stock | - | Trading Account |
| c. | Stock In Hand | - | Balance Sheet |
| 2 | Create Ledger From Ledger Accounts | ||
| Ledger | Group Name | ||
| Say, a. | Opening Stock Ledger | Opening Stock | |
| b. | Stock In Hand Ledger | Stock In Hand | |
| c. | Closing Stock Ledger | Closing Stock | |
| 3 | Opening Stock : | ||
| 3A. | Use Opening Form For Opening Balance : | ||
| Field Name | Data | ||
| Last FY Closing Date : | 31/03/2014 | ||
| Ledger : | Stock In Hand | ||
| Last FY Closing Amount : | 2,00,000.00 | ||
| 3B. |
Journal Voucher : Pass the below JV on 01/04/2014 |
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| Opening Stock ….……...Dr. | 2,00,000.00 | ||
| To Stock In Hand | 2,00,000.00 | ||
| 4 | Closing Stock | ||
| Pass the below JV on 31/03/2015 | |||
| Stock In Hand ……………..Dr. | 1,50,000.00 | ||
| To. Closing Stock | 1,50.000.00 | ||
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B. Year 2015-16 : |
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| Pass the below JV on 01/04/2015 | |||
| Opening Stock……….. …. Dr. | 1,50,000.00 | ||
| To Stock In Hand | 1,50,000.00 | ||
