My grammar is 💯 good I
7301 Points
Posted on 15 March 2021
If it is recorded properly in the inventory books, then reconcile it. Stock to stores is a good journal entry in branch accounting when goods are transferred from h.o to stores. If this is not a branch, no need to do any5ing because your book balance is correct and your ending valuation calculation is wrong. Update it accordingly because ppl use different heads to account.