Increase/decrease the stock value

[reno1]

Hi All,

How to increase/decrease the stock value without increasing/decreasing the quantity on issue of debit note towards rate difference/Freight excess charged etc.

Cant make use of Stock Revaluation method, as it should effect not only Stock value but also the BP Balance Accordingly.

This is a very common requirement.

Regards,

Reno

[former_member187989 · Accepted solution]

hi,

Sorry for previous post.

Create a AP/AR credit memo.

Jeyakanthan

[reno1 · Accepted solution]

Hi Jeyakantan,

The stock Qty should not be affected as the rate is only revised. Hence AP/AR Credit memo cannot be used here.

Regards

Reno

[Former Member · Accepted solution]

Hi Rohan,

As you don't have to affect the stock i.e quantity....

1) you need to pass the Service AR/AP Credit Memo

or

2) You can create the Non-Inventory Item (example - Rate Difference-01)in that Item Group and create the Item AR / AP Credit Memo

For the Inventory Correct Valuation... pass the Inventory Revaluation Document.

Hope this will help you.

Regards,

Abhishek

[former_member187989]

hi rohan,

Create a service AP/AR Service credit memo.

Jeyakanthan