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How to mention manually Opening Balance under Profit & Loss A/c?

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Ans.1

1. Go to Final Reports > Profit & Loss.

2. “Stock Valuation” window will appear with three options regarding updating Profit & Loss Stock:

  • In 'No', If the user doesn’t want to view the updated Profit & Loss Statement, select “No”
  • In 'Current Date', If the user wants to view the Profit & Loss Statement of only the Current Date, select “Current Date”.
  • In 'All Days', If the user wants to view the Profit & Loss Statement of all the Days, select “All Days”.
  • Suppose, the user will click on "No".

3. A Profit & Loss A/c window will appear. 

4. Here, the user will click on "Opening Stock".

5. In the next window, "Stock In Hand" will appear. Press enter on it.

6. Stock in Hand as on window will appear. Press Enter.

7. The user will feed the Opening balance under 'Opening'.

8. Press the ESC key for save it.


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