Trading Account Closing Stock Numbers.

Trading Account Closing Stock Numbers.

PS Cashbook

Trading Account Closing Stock Numbers

Summary

How do I change the closing stock numbers in my trading accounts?

Detailed Description

Closing stock numbers should only be changed immediately prior to rolling over, and you are unable to generate the correct numbers using purchase, sales, transfers and natural increase.

 

To change or update details:

Step 1.

  • Click on the Trading A/C toolbar icon.

 

Step 2.

  • Select the Trading Account you want to make changes in.
  • Make sure you are in the Trading Activity Details tab section.

 

Step 3.

  • Click on the down arrow in the Closing Stock at Market Value section.

 

Step 4. 

  • In the first line enter a description for the change, the Qty/ No (number) and the rate (value of each animal). The amount will automatically calculate and the DSE is optional.
  • Click on the OK button once you have entered the relevant details.

 

Note: that livestock trading accounts are "self-balancing". That means if you change any number field (natural increase, losses, etc.) the closing number will change accordingly. If you change the closing number, the difference will be adjusted to losses. Note that numbers can be entered as fractional quantities if required.