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showing stock on BS and P&L

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bbhoney

showing stock on BS and P&L

Post by bbhoney » 12 Mar 2007, 19:02

I am a food production business - producing honey, the product has no direct cost price and I believe this is one of the reasons stock value doesn't show as a current asset. I have no values in 1001,5200 and 5201. how do I sort this out.

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Ben

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brucedenney
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Joined: 28 Feb 2006, 09:56
Sage Version: v30 UK/Europe/Africa

Post by brucedenney » 15 Mar 2007, 19:13

You need to make a journal transaction to create the asset value in 000x.
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