Opening Stock
This module is for entry of item details which currently make up the balance(s) in your Inventory/Stock account(s).
At the simplest level, each Item that has Qty and Cost (as at Opening Date) will require an Opening Stock document.
(Optional) Each Item may require multiple Opening Stock documents if you need to further group the same Item by Location, Warehouse and Lot.
If your company's stock inventory is not sorted by Location, Warehouse or Lot; just enter 1 row for each Inventory Item.
Users utilising Job Costing reports also must consider attributing the Stock Cost according to Job Code as well.
The images below show a sample Opening Stock created and the resulting report.
With Opening Stock completed, stock reports will be ready for use.
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