How to write up/down stock

Using the write up/down stock function allows you to transfer costs between 2 stock vehicles, or from one vehicle into a ledger account of your choice. The function creates a journal from the inventory account.

Transferring amount to another stock vehicle

1. In the Stock/Sales tab, click Stock, then Write Up/Down Stock.
   
   
   
2. Select the Write Back Type as Transfer Between Stock Items.
3. In the Stock Item 1 Details field, click the 3 Dots to select the first stock unit.
4. In the Stock Item 2 Details field, click the 3 Dots to select the second stock unit.
5. Select a Post Date for the journal that will be created.
6. Enter the Dollar Figure for the amount you wish to transfer.
7. Select which stock unit you will increase the inventory value on, and which stock unit you will decrease the inventory value on.
8. Click Finish.
   
   

Transferring the amount to a general ledger account

1. In the Stock/Sales tab, click Stock, then Write Up/Down Stock.
   
   
   
2. Select the Write Back Type as Transfer to a Ledger Account.
3. In the Stock Item 1 Details field, click the 3 Dots to select the first stock unit.
4. In the Ledger Account field, click the 3 Dots to select your general ledger account.
5. Select a Post Date for the journal that will be created.
6. Enter the Dollar Figure for the amount you wish to transfer.
7. Click Finish.
   
   

Transferring between 2 stock units will create a journal, which can be deleted if done incorrectly.
Transferring to a general ledger account will NOT create a journal, and will instead create a TFR (transfer). If this is done incorrectly please call our support team for assistance