HOW TO CONDUCT INVENTORY WITH SAP BUSINESS ONE:

In SAP Business One, If a company is using perpetual inventory, saving an inventory transaction creates a journal entry automatically. Here we see a graphic representation of the postings for a goods receipt (on top) and a goods issue

(on the bottom). A goods receipt creates a journal entry that posts the value of the received goods on the debit side of the stock account and the credit side of the inventory offset –increase account. A goods issue creates a journal entry that posts the value of the issued goods on the debit side of the inventory offset –decrease account and the credit side of the stock account.

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INVENTORY