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?
This account book has enabled ‘Use live stock balance in all financial reports’.
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