Hello, I've been having recent issues where my accounts don't seem to record my stock valuation.
In the Open ERP for Retails and Industrial Management book it says on Page 70: > Valuation of stock > > If you want real time stock valuation that tracks stock movements you must > assign an account to each stock location. As product items are added to and > taken from each location Open ERP generates an account entry for that > location defined by the configuration of the product being moved - and a > stock valuation based (in the current versions of Open ERP) on either Cost > Price or Average Price. > > For example, if you assign an account to the supplier location you'll be able > to see the value of stock that you've taken from the supplier. It's contents > can be valued in your accounts and it can manage inventory on consignment Would somebody be able to explain how to do this? I have purchased stock but my assets report a balance of £0.00. I have configured the location inventory account to be an asset account but still £0.00. How do I achieve this with Open ERP? Do I need to specify the account information within the product? I have an asset account called 'Purchased Products' and I would like this account to show a value of the products that I have purchased i.e stock Surely this shouldn't be difficult? Thanks -------------------- m2f -------------------- -- http://www.openobject.com/forum/viewtopic.php?p=38555#38555 -------------------- m2f --------------------
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