How to record the opening balance amount in opening Stock Account?

1.	How to record the opening balance amount in opening Stock Account?
Answer» Stage 1: Step 1 → Click on Master tab. Step 2 → Select Edit account option from the drop down list. Step 3 → Select Stock at the beginning from the edit account window. Step 4 → Click on Edit Button. Step 5 → Enter opening balance amount. Step 6 → Click on Save button to save the amount Stage 2: Step 1 → Click on Transaction tab. Step 2 → Select Journal option to activate Journal Voucher. Step 3 → Enter voucher number. Step 4 → Enter opening date. Step 5 → Select Opening stock a/c in Dr. Account and enter opening stock amount. Step 6 → Select stock at the beginning a/c in the Cr. account and enter the opening stock amount. Step 7 → Give narration. Step 8 → Click on Save button or Press Enter key.

Answer»

Stage 1:

Step 1 → Click on Master tab.

Step 2 → Select Edit account option from the drop down list.

Step 3 → Select Stock at the beginning from the edit account window.

Step 4 → Click on Edit Button.

Step 5 → Enter opening balance amount.

Step 6 → Click on Save button to save the amount

Stage 2:

Step 1 → Click on Transaction tab.

Step 2 → Select Journal option to activate Journal Voucher.

Step 3 → Enter voucher number.

Step 4 → Enter opening date.

Step 5 → Select Opening stock a/c in Dr. Account and enter opening stock amount.

Step 6 → Select stock at the beginning a/c in the Cr. account and enter the opening stock amount.

Step 7 → Give narration.

Step 8 → Click on Save button or Press Enter key.

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