With the help of Marg Software, the user can Change the Balancing Method of All Ledger from On Account to FIFO.

Let's take an example of a company 'A2Z Pharmacy' whose Balancing Method is On Account and now the user needs to change it to FIFO.

In order to change balancing method from On Account to FIFO in All Ledger, the user must follow the below mentioned steps:

• Go to Reports > Management Reports > Utitlities > Edit Outstanding > On Account: Convert Bill-BY-Bill/FIFO.

• An 'On Account: Convert Bill' window will appear.

• The user will select 'Convert FIFO'.

• An 'On Account: Convert Bill-By-Bill/FIFO Convert FIFO' window will appear.

• The user will type 'Sure'.

After following the above steps, the user can Change the Balancing Method from On Account to FIFO in All Ledgers in Marg Software.