Item Opening Balance Maintenance

Item Opening Balance Maintenance

This is to maintain stock item opening balance.

Go to Stock > More Stock Maintenance > Item Opening Balance Maintenance

Note: For stock items with FIFO costing method, highlight the item and click on Copy button , a new copied row will be inserted (the sequence 0,1,2 ... shows priority in FIFO); repeat the copy row step to add sufficient rows, then key in the opening quantity and unit cost respectively.

Doc Date column

Users can and must specify the date of the opening stock item in Item Opening Balance Maintenance, the date specified here must be prior to Actual Data Start Date.

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