In this task you will make a journal entry to establish a beginning balance in your Inventory account. The total of your inventory should tie down to the totals from your source import sheet for your Initial Stock Qty import.
Task Notes:
•Run the Inventory Value report in DBA for all items to verify the total inventory value.
•Go to the Journal Entry screen and make the following journal entry for the inventory value:
Debit |
Inventory |
Credit |
Inventory Adjustments |
Links:
