Overview of Opening Stock in Margbooks

Process to Feed Opening Stock in Margbooks

Overview of Opening Stock in Margbooks

In MargBooks, the Opening Stock option allows the user to enter the stock available at the beginning of the accounting period or while setting up the stock details. Opening stock can be added for a Selected Store and item by entering details such as batch number, quantity, MRP, and purchase rate.

Process to Feed Opening Stock in Margbooks

• Go to the Dashboard. Click on Master > Opening Balance > Stock.

• The Store List will open. Select the Store for which the Opening Stock needs to be added.

• After selecting the Store, the Item List will open.

• Select the Required Item or search for it using the Search Bar.

•  Press "Enter" on the selected item name to open the Batch window.

• User will view the Opening Stock window and enter the required details, such as Batch No., Opening Quantity, MRP, Purchase Rate, Cost per Unit, Value, Sale Rate, and Expiry Date for the selected item.
• User can use the 'Enter' key to navigate through the fields and save the opening stock details.

• Once all the Required Details are mentioned, press F10 or click the Save button to save the entry.

• The Opening Stock will be saved successfully for the selected items.
• To verify the Opening Stock, search for the item or check the Stock Report.

• After following the above steps, the user can view that the opening stock has been Successfully Updated for the selected item.