Stock Balance and Stock Account Balance Syncing
Question:
When creating a transaction, get a 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, it requires the syncing of Stock Ledger and Stock Accounts (ledger) balance. The error message indicates that there is a mis-match in the stock and accounts balance due to previous entries
To proceed forward, you can easily sync the stock balance and stock accounts balance by creating a Journal Entry. Click on “Create a Journal Entry Button“ in the validation message, update relevant accounts and submit Journal Entry.