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Profit & Loss Stock Value

Posted: 12 Apr 2012, 09:23
by Daveall1983
Morning please can i have some advice.

Im running sage Line 50 V9. When running a P&L Report for March under purchases im showing a positive value in stock however for every other month past, that value has always shown as a negative Which makes my Net Profit/(loss) look better as it takes into consideration free stock.

I dont hold massive amounts of stock (infact it amounts to 2K) however if its unused stock surly that should improve my P&L and not be deducted from my Sales.

Please advise (i am still a novice when it comes to this stuff)

Many thanks

Dave

Re: Profit & Loss Stock Value

Posted: 16 Apr 2012, 14:18
by brucedenney
What stock valuation journal are you doing?

http://support.makingithappen.co.uk/gui ... .htm#Stock