Question:
Why is the closing stock amount in Profit & Loss Statement as at 16/07/2023 is not the same as amount maintained in Periodic Stock Value Jul’2023?
Possible Reason:
This account book has enabled ‘Use live stock balance in all financial reports’.
Solution:
1) To change the setting, go to Account Book Setting > Settings.
2) Under General > Application Settings, uncheck “Use live stock balance in all financial reports” and click on Save.
3) Now, you can inquiry again the Profit & Loss Statement and it should be same with the amount maintained in Periodic Stock Value.
By: Rotcana 230710, Lay Swan 230718, P230721