The stock at the beginning of an accounting period. It is equal to the closing stock of the previous period.
The opening inventory is usually used as the starting point for inventory valuation and inventory used.
In SAP Business One, the opening balance can be set in several ways. One way is to enter the opening balance manually or automatically from the previous period. Alternatively, the opening balance can also be taken from external sources. imports become.
Moving average price in SAP Business One
Moving average price in SAP Business One: benefits, challenges and useful reports Inventory valuation is one of the key tasks in the ...
Units of measure in SAP Business One
Units of measure in SAP Business One help companies optimise their warehouse management and inventory processes. Through the precise definition and allocation of ...
Warehouse management with SAP Business One
In today's dynamic business world, warehouse management plays a crucial role. It is at the heart of every business, providing physical ...
Consignment warehouse in SAP Business One
A consignment warehouse is a supplier's warehouse on the company premises or in the vicinity of a customer. In this warehouse, goods and/or ...
MRP – Material Requirements Planning in SAP Business One
MRP (material requirements planning) and ERP are a pair of siblings where you don't know exactly which of the two is/are the ...
Return rates – on the trail of returns
Returns are increasingly burdening online trade. A key figure that is often used in a business context is the return rate. Returns are ordered goods that ...
Survive the supply chain crisis with an ERP
Disrupted supply chains and rising costs currently affecting manufacturing and trading companies were only triggered by the pandemic and...
Manage inventories in ERP systems
Knowing which stocks are stored when, where and in what quantity is fundamentally important for companies. With a warehouse management system...
