Managing stock valuations for back-dated transactions just got easier! We’ve introduced a Stock Valuation Update option in the Inventory DayBook, enabling seamless updates for back-dated stock journals created on the current date.
Key Benefits:
Accurate Valuations: Maintain correct stock valuation data even for back-dated entries.
Time-Saving: Update stock valuation directly from the Inventory DayBook without navigating to multiple modules.
Improved Data Integrity: Ensure consistency and accuracy across your stock and inventory records.
Simplified Workflow: Handle back-dated stock journal entries with ease, keeping your records up-to-date effortlessly.
How It Works:
Navigate to the Inventory DayBook.
Locate the back-dated stock journal created on the current date.
Use the Update COGS option to update the stock valuation for the entry.