To ensure the accuracy of your inventory accounts, you need to match the account balance in the Inventory Account ledger report with the Stock Cost report. In this article, we'll guide you on achieving this using "Edara."
Matching Inventory in the Account Ledger and Inventory Cost
This matching process is done by reviewing the following reports:
First: Account Ledger Report
Go to the Accounting Module
Open the Account Ledger report
Specify the inventory account
Specify the period
Select the "All" option under Posting Type to view all transactions.
Click on "Generate."
Second: Inventory Cost Report
Go to the Warehouse Module
Select the Stock Cost report.
Choose the warehouse or warehouses linked to the same inventory account previously selected.
Select "Show aggregate stock costs only"
Click on "Generate"
By doing this, you can match the account balance in the Inventory Account Ledger report with the cost value in the Stock Cost report.
If you encounter any challenges or have any questions during these processes, you can contact our technical support team, who are ready to assist you.