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1 Odgovori
4615 Prikazi

How to deliver the product from warehouse if the inventory valuation is set as Real Time (Automated) for products and stock ? Inventory account, stock output account, income account and expense account are all set too, but I am getting the following error:

"There is no inventory Valuation account defined on the product category: "Adhesive" (id: 456)"

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What is the Inventory Valuation Account on the Product Category?

Best Answer

You have to set Stock Valuation Account (Inventory Account - an asset account) for Product Categories. This account will keep stock value of your inventory where it will debit on item reception and will credit on item delivery.

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