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Opening Stock not match with Balance sheet

Feb 03, 2017 at 07:24 PM

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Hello Expert,

Please suggest

At the time of Go-live client provide approx value of stock. Now he final the balance sheet

Then qty of stock match but value of opening stock not match with balance sheet.

stock is sold out and onhand qty =0

stock is manage by serial.

Client want to match opening stock value with balance sheet stock value.

Please suggest how to do.....

Thanx

BHanu

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3 Answers

Gaurav Bali Feb 16, 2017 at 08:53 AM
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Hi Bhanu

Use Inventory Revaluation to match the opening value of Items.

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Bhanu Pratap Sharma Feb 24, 2017 at 09:26 AM
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Hello Gaurav,

I have not any stock of item. and i am using FIFO method

Regards

BHanu

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Rizki Wicaksana Feb 24, 2017 at 12:29 PM
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Hi Bhanu,

If you don't have any stock of item, your only option is correcting Inventory account via Journal Entry.

Please discuss with your client what is the offset account for the difference value. I don't know this is proper way or not, but sap b1 give us a chance to do that.

Before you do my advice, please check this thread first.

https://archive.sap.com/discussions/thread/3198436

Regards,

Rizki

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