Manually Backdating Stock

It is possible to register a stock transaction in January which actually took place in the preceding year. If you want the transaction date in Isah to match the actual stock transaction date in preceding year, you need to carry out the following actions.

Manually Backdating A Stock Transaction

  1. Open the Stock Statuses form.
  2. Add two new stock statuses, 'Inventory correction negative' and 'Inventory correction positive'.
  3. Open the Parts form.
  4. Select the part concerned and click the Stockbutton.
  5. Create a new stock line to correct the original one. This line should contain the same data as the original stock line; however:
  6. Create another new stock line:
  7. Note the stock status of the original stock line.
  8. Delete the original stock line and the negative stock line. The new stock line will replace these lines. Re-assign the original stock status to the new line.
  9. Open the Journal entries form to check the journal entry with the transaction date as created by carrying out this procedure.

Carrying out the steps specified above ensures a correct historic stock valuation, since the actual transaction date, the date of the new stock line and the date of the accompanying journal entry all match each other.