What is auto inventory accounting?

Hi All,

Sorry if this question has already been asked previously. What is Auto Inventory Accounting? Why should one use it? Is there anywhere I can fine more information about this? I found this link https://erpnext.com/auto-inventory-accounting on Developer news group but it is not a valid link. Can someone please provide me with more information about this? Thanks.

Kind regards,
Mayur Patel



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There is two type of accounting method for inventory: Periodic Inventory and Perpetual Inventory (Auto Inventory Accounting). In Perpetual Inventory, system makes accounting entry for each stock transactions, whereas, in Periodic Inventory you need to make manual accounting entries periodically.

There is a running version of Perpetual Inventory, but we have redesigned it completely and it will be live in this week (tomorrow?). We have made proper documentation for the feature. You can get a detailed idea on that documentation.


On 04-Sep-2013, at 2:04 PM, Mayur Patel wrote:

Hi All,

Sorry if this question has already been asked previously. What is Auto Inventory Accounting? Why should one use it? Is there anywhere I can fine more information about this? I found this link https://erpnext.com/auto-inventory-accounting on Developer news group but it is not a valid link. Can someone please provide me with more information about this? Thanks.

Kind regards,
Mayur Patel



You received this message because you are subscribed to the Google Groups “ERPNext User’s Forum” group.

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Thanks Nabin.

Where can i find this document?

Kind regards,
Mayur Patel

On Wednesday, 4 September 2013 10:03:02 UTC+1, Nabin Hait wrote:
There is two type of accounting method for inventory: Periodic Inventory and Perpetual Inventory (Auto Inventory Accounting). In Perpetual Inventory, system makes accounting entry for each stock transactions, whereas, in Periodic Inventory you need to make manual accounting entries periodically.

There is a running version of Perpetual Inventory, but we have redesigned it completely and it will be live in this week (tomorrow?). We have made proper documentation for the feature. You can get a detailed idea on that documentation.


On 04-Sep-2013, at 2:04 PM, Mayur Patel wrote:

Hi All,

Sorry if this question has already been asked previously. What is Auto Inventory Accounting? Why should one use it? Is there anywhere I can fine more information about this? I found this link https://erpnext.com/auto-inventory-accounting on Developer news group but it is not a valid link. Can someone please provide me with more information about this? Thanks.

Kind regards,
Mayur Patel



You received this message because you are subscribed to the Google Groups “ERPNext User’s Forum” group.

To unsubscribe from this group and stop receiving emails from it, send an email to erpnext-user-forum+un…@googlegroups.com.

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We will release the new design with documentation on coming Monday.

On 04-Sep-2013, at 3:46 PM, Mayur Patel wrote:

Thanks Nabin.

Where can i find this document?

Kind regards,
Mayur Patel

On Wednesday, 4 September 2013 10:03:02 UTC+1, Nabin Hait wrote:
There is two type of accounting method for inventory: Periodic Inventory and Perpetual Inventory (Auto Inventory Accounting). In Perpetual Inventory, system makes accounting entry for each stock transactions, whereas, in Periodic Inventory you need to make manual accounting entries periodically.

There is a running version of Perpetual Inventory, but we have redesigned it completely and it will be live in this week (tomorrow?). We have made proper documentation for the feature. You can get a detailed idea on that documentation.


On 04-Sep-2013, at 2:04 PM, Mayur Patel wrote:

Hi All,

Sorry if this question has already been asked previously. What is Auto Inventory Accounting? Why should one use it? Is there anywhere I can fine more information about this? I found this link https://erpnext.com/auto-inventory-accounting on Developer news group but it is not a valid link. Can someone please provide me with more information about this? Thanks.

Kind regards,
Mayur Patel



You received this message because you are subscribed to the Google Groups “ERPNext User’s Forum” group.

To unsubscribe from this group and stop receiving emails from it, send an email to erpnext-user-forum+un…@googlegroups.com.

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