Skip to main content

Accounting Reports: Trial Balance took Opening stock figure instead of Closing stock

Trial Balance stock report is wrong

Updated over a week ago

Closing Stock in the table value (Maintain Stock Value) will not appear in the Balance Sheet or Trial Balance Report, as it is an Income/Expenses Account and will only be reflected in the Profit and Loss Report.
​
For Closing Stock to appear in the Balance Sheet or Trial Balance Report, you need to remove all the table values and the Special Account.
Then manually key in the Closing Stock transaction in Transaction File Maintenance.

Did this answer your question?