How to enter Opening Balance for Stock Items on a Date (middle of the Month or A Year) which is different from the Books Beginning Date?
Opening Balances for stock item master can be entered only from the Books Beginning Date.
However as a work around, users can record;
- Physical Stock Vouchers to affect the inventory reports, if only Quantity has to be updated to the books.
- Stock Journal by specifying the Stock Item details with the Rate on the Destination (production) side.
For Example: Customer who purchases Tally.ERP 9 on 1st of June but the books are beginning from 1st of April. In this case the user can pass a Physical Stock Voucher orStock Journal as on 1st of June.