Overview & Benefit of Opening Balances in Marg Books

Process to Feed Opening Balances (Stock) in Marg Books

OVERVIEW & BENEFIT OF OPENING BALANCES IN MARG BOOKS

• The Opening Balances option is used to specify the opening balance. For instance, if the user is dealing with the party from the past two years and now wants to maintain its entry in the Marg Books, then the old balances can be used to specify the opening balances of the party.

• Stock Opening option is used to maintain the record of Opening Balances of all the items. This option also enables the user to enter the rate, quantity, etc. as per the requirement.

PROCESS TO FEED OPENING BALANCES (STOCK) IN MARG BOOKS

• Go to Master >> Opening Balance >> Stock.

• A ‘Store List’ window will appear.

• Suppose select 'Main Store'. Press ‘Enter’.

• The stock/items of the selected store will get displayed.

• The user will select the item in which the Opening Balance needs to be mentioned.

• Suppose select ‘Altiva-D Tab’.

• Then press 'Enter' on it.

• Now mention the Batch of this particular item.

• Suppose mention '78900'.

• Then mention the Opening Balance of Strip and Tablets of this particular item.

• Along with it the user will also mention the MRP, Purchase Rate, Sale Rate and Expiry Date.

• Click on ‘Save’.

• The user can view that the Opening Stock has been displayed in that particular item.