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If Opening Stock does not display in Profit and Loss Account then how to resolve it in Mandi setup of Marg Software ?

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Ans.1

Cause:

This issue appears due to opening not define in Item's Trading A/c.

Solution:

  • The user needs to define Opening Stock in Item's Trading A/c.

In order to define Opening Stock in Item's Trading A/c, the user needs to follow the below steps.

  • Go to Masters > Opening Balances > Ledger openings.

  • A 'Ledgers Accounts' window will appear.
  • The user will press 'F3' key on 'Chana Trading' ledger.

  • A window will appear where the user will click on 'Ledger Detail'.

  • A 'Modify Ledger' window will appear.
  • The user will click on 'Modify'.

  • In 'Opening Balance' option, the user will mention the opening balance.
  • Suppose mention '150000'.

  • Now press 'Ctrl+W' key to save the changes.

After following the above steps, the user can view Opening Stock will get display in Profit & Loss in Marg Software.


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