Periodic (manual) Inventory Valuation

Make sure that you have created a duplicated database to test this feature. Understand the automatic inventory valuation computation, and manual accounting entries before configuring these in the production instance.

The default option set for the inventory valuation is Periodic (manual).It refers to the manual accounting entries for the books of accounts on periodic intervals. The Inventory valuation is recomputed in Warehouse on every incoming or outgoing shipment.Every time you check the inventory valuation, you will get the latest inventory value. The inventory valuation has to be checked at regular intervals, that is, weekly, monthly, quarterly, or yearly, and the profit and loss account has to be ...

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