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showing stock on BS and P&L

Posted: 12 Mar 2007, 19:02
by bbhoney
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.

Cheers
Ben

Posted: 15 Mar 2007, 19:13
by brucedenney
You need to make a journal transaction to create the asset value in 000x.