July 11, 2016, 10:12pm
I can’t seem to understand how this works.
I am manufacturing stuff with a BOM with an operation which has a cost.
When I make the “manufacture” stock entry I can see a value in “Total Value Difference (Out - In)” which I have assigned to an account:
But when I go to that account I see nothing:
What am I doing wrong?
Thank you in advance,
Refer Following link,i think it will be helpful.
Checked documentation but cannot find definition/function of the difference account while doing a stock entry.
I want to recorded existing stock in an organisation: It the value of all entries accrued in an account head. Default says "Cost of Goods Sold " but that is not applicable here.
Also in https://frappe.io/apps/erpnext/user-guide/stock-inventory/stock-entry the screenshot is unreadable even if enlarged (resolution) and the manual should give details on how to enter an item, like the…
July 12, 2016, 11:28am
Thanks for your links. I read them and they explain indeed how to use the difference account. I also saw the video there and I’d say I’m using the difference account as explained there (although in the manufacturing context) but somehow then I don’t see any value in the account.
Every time I manufacture a BOM I have an operation which is the labor (in minutes, valued in €). I would like to:
keep an account of the amount of labor (in €) spent in all these operations
have that same amount appear as stock valuation since it’s value added to the finished goods (being now part of their costs)
And I still don’t understand how this can be done
Please help! Thanks.
August 5, 2016, 12:00am
@shraddha, I read again the link you provided and I think I found something.
At some point it says “make sure you have enabled Perpetual Inventory by checking Stock Settings page.”
I have tried to do this and now I can see the stock valuations reflected in the accounts. This is probably what I want.
Still I am intrigued. Because now, when I manufacture, even though I set account “Salary” in the differences account, the difference amount was posted in the account “Expenses Included In Valuation”.
So I still don’t understand why that field isn’t taken into account.