Sage Line 50 Stock Adjustment

CMS
CMS Registered Posts: 21 Dedicated contributor ? ? ?
Can anyone help me with a Sage Line 50 Query. I am starting with a new company that has a large amount of Stock/Product Codes. I am learning how to keep track of the stock value. I understand that you put through Purchase Orders/Invoices it increases stock and when you do sales invoices it lowers stock levels but this doesnt seem to update the stock code within the nominal ledger. Does that have to be done through a manual journal?

Hope someone can help. Thanks

CMS

Comments

  • Donna Curling
    Donna Curling Registered Posts: 59 ? ? ?
    Good morning
    stock is treated as a completely separate entitity within sage - it does not effect the ledger at all. You therefore keep track of your stock, it only updates the ledger when you post an invoice.
    Donna Curling - AAT Tutor
    www.completebookkeeping.co.uk
  • CMS
    CMS Registered Posts: 21 Dedicated contributor ? ? ?
    Thanks Donna, I had noticed that invoices adjust your stock list but just wanted to check I had to adjust the nominal.

    CMS
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