Hi, We are looking at doing our opening stock reconciliation but it asks for a valuation rate for each product. We have already uploaded all our items, and their buying price and selling price. We don’t have historical info so we would be using the buying price to enter the valuation rate anyways, but it’s not pulled. So would we need to manually add every single valuation rate when we already have a standard buying price?
From what I can see, the valuation rate is not a required field for stock reconciliation.
It should be simple enough to use the item code as a foreign key to fetch the
purchase price (to include it in the valuation field), no?
Sorry, I meant for opening stock. It’s a required field for posting opening stock balances. I think we will just do our opening stock take as a stock entry instead which will mess up the accounts but at least not require us to manually add the valuation rate.