How to change the value of opening stock?

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Question: I have changed the value of closing stock (Dec 2009) at G/L > Stock Value Maintenance, but when I look at G/L > Opening Balance Maintenance, the stock value remained unchanged? (my current fiscal year is 2010, starts from 01-Jan)



Answer: In this case, you should change your stock value at G/L > Opening Balance Maintenance, so that the stock at G/L > Stock Value Maintenance will be updated automatically.






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