Hi Rajesh,
If this is a continuous stock db and you entered the initial stock with a cost price you cannot release it without creating a Journal Entry, also it would not be correct to do that as you would create a descrepancy between the Stock Audit Report and the balance of your stock account.
To put the inventory back to zero simply create a goods issue for all open stock. After posting it make check that the result in the Stock Audit Report is zero as well as the balance of your stock account.
Hope it helps.
Jesper
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