Item stock And value Information

[Former Member]

hi

I have managed items(Raw Material)(Set G/L by Item Group).Inventory Account mapped in Asset drawer.

my client to show all information that how much(Stock Value ) purchase for raw materials.At the time of P & L Report.then tell me How to show ?

[former_member583013]

Krishna,

A P&L report will display Revenues, Cost of Sales and Expenses. Inventory is an asset and therefore will not be part of a P&L.

What are you really looking for?

[Former Member]

Expenditure(Drawer)

500003 - RAW MATERIALS

500008 - FOAM

500063 - P.U. FOAM(Group )

500064 - PROFILE FOAM

500065 - MEMORY FOAM

500066 - BONDED FOAM

500067 - FOAM BORDER

500068 - FOAM LATEX

500069 - P.E. FOAM

500070 - FOAM MOULDED

500071 - FOAM SOFTY

500009 - RUBBERISED COIR

500062 - COIR

500011 - STEEL WIRE

500058 - 1.32 mm-(S.W)

500059 - 2.2 mm-(S.W)

500060 - 2.4 mm-(S.W)

500061 - 3.6 mm-(S.W)

Asset(Drawer)

500003 - RAW MATERIALS

500008 - FOAM

500063 - P.U. FOAM

500064 - PROFILE FOAM

500065 - MEMORY FOAM

500066 - BONDED FOAM

500067 - FOAM BORDER

500068 - FOAM LATEX

500069 - P.E. FOAM

500070 - FOAM MOULDED

500071 - FOAM SOFTY

500009 - RUBBERISED COIR

500062 - COIR

500011 - STEEL WIRE

500058 - 1.32 mm-(S.W)

500059 - 2.2 mm-(S.W)

500060 - 2.4 mm-(S.W)

500061 - 3.6 mm-(S.W)

Item Group have Inventory Account Map(P.U. FOAM

) inAsset Drawer.

Item Group have Finished Goods - Cost of goods sold Map(P.U. FOAM

) in Expenditure Drawer.

i mean to say that this hierarchy shoud be placed in both assets drawer and expenditure drawer because i want both trial balance and P & L Reports or its sufficient to place it in assets drawer only.

As this is finished sold good hierarchy.

plz solve it.

thanks

[former_member583013]

An Item Group based G/L Account mapping generally would have 3 G/L account's corresponding to it.

One in the Revenues drawer

One in the COGS drawer (not expenses)

One in the Inventory drawer

500063 - P.U. FOAM(Group ) in that case would appear in these 3 drawers