Causes of Closing Stock value not matched with Stock & Sale Analysis

Process to resolve the issue of closing stock value not matched with stock & sale analysis

CAUSES OF CLOSING STOCK VALUE NOT MATCHED WITH STOCK & SALE ANALYSIS

• This issue appears because Profit & Loss Closing stock generate Batch wise but stock and sale analysis report get generate master wise.

PROCESS TO RESOLVE THE ISSUE OF CLOSING STOCK VALUE NOT MATCHED WITH STOCK & SALE ANALYSIS

The user needs to generate Stock and Sales Analysis Report Batch wise to Match the Closing Stock with profit and Loss.

• Go to Daily Reports > Daily Working > Stock & Sale Analysis.

• A 'Select  Company' window will appear

• The user will select company as per the requirement. Press 'Enter' key.

Note: The user will Press 'Spacebar' or Plus '+' key to select a particular company or Press Asterisk '*' to select All companies. 

• A 'Stock and Sales Analysis' window will appear.

• Now the user will Feed date range as per the requirement.

• Suppose mention '01-05-2019' and '10-05-2019'.

• In ‘Avg.Mst.Rate/Batch wise’, the user will select ‘Batch wise’.

• Now select other options as per the requirement.

• Click on 'View'.

• A 'Stock & Sale Analysis' report will get generate with respect to batch wise set up.

Fig 1. View of Closing Stock of Stock & Sale Analysis.

Fig 2. View of Closing Stock of Profit & Loss.

After following the above steps, the issue of Closing Stock not matched with Stock & Sale Analysis report will get resolved.

1. Go to Final Reports > Profit & Loss .

2. A 'Stock Valuation' window will be appear where the user will click on 'All Days'.

3. In 'Update Opening' option, the user will select 'No' .

4. In 'Valuation On' option, the user will select 'Cost+Extra' and press 'Enter' key .

5. Now the user will Run Error Checking