Hi,
Currently, we have not identified any predefined ledgers for inventory accounting, specifically for damage, scrap, and closing stock. However, it is crucial to include these categories automatically in the balance sheet and Trading account. Our customer has expressed a desire to ascertain the trading profit independently before factoring in any indirect expenses. As our software primarily emphasizes item tracking, incorporating this option would greatly benefit our customers and there should be Inventory posting Document for capturing Entry.
Dear Venu,
We request an update regarding the proposed idea. Your valuable insights and feedback are important to accordingly define the status of the idea and work upon. Kindly clarify us the same or reach us at shreya.a@gsl.in before August 11, 2023. In case of no response in near time ,we need to mark it as UTI (Unlikely to Implement).
-Product Team(SA)
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