Inventory valuation

Derek Atkins warlord at MIT.EDU
Thu Apr 19 11:25:08 EDT 2012


preeti kabra <preetik04 at gmail.com> writes:

> Hi all,
>            Inventory valuation is possible in GNU CASH or
> not.Inventory Valuation mean ,i purchased 10000 units from my
> vendor.From which i sold 4000 units.Can In GNU CASH it shows remaining
> balance for the same.

Yes and no. GnuCash does not contain Inventory Management per se, but
you can implement some simple Inventory by using Stock accounts.  If you
do then yes, you buy 10000 "units" (shares) and then later you sell 4000
"units" (shares); GnuCash will know you now have 6000 left.

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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