Stock - Stock value is not 0.00 when quantity is zero?

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Question: The item has zero quantity but the stock report still showing a balance in value. Why? How to correct this?



Answer: This is caused by the timing of back-order transaction....especially when sales documents are issued with negative stock balance (quantity) and purchase documents are recorded at a later time.
To correct it, first backup your database, then go to Tools > Recalculate Stock Costing and run the recalculation. .
If you are doing back-order transaction frequently, it is advisable to run stock costing recalculation before taking the stock value for financial reporting purpose.





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