Stock Balance and Stock Account Balance Syncing
Question: When creating a transaction, getting validation message as follows. What is the cause of this error and how to resolve it.
Answer: Since Perpetual Inventory is enabled in your Company master settings, it mandates the synchronization of Stock Ledger and Stock Accounts balances. The error message indicates a discrepancy between the stock and accounts balances stemming from previous entries.To proceed, you can quickly reconcile the stock balance and stock accounts balance by initiating a Journal Entry. Click on the “Create a Journal Entry” button available in the validation message, modify the relevant accounts accordingly, and then proceed to submit the Journal Entry.