How to account for stock?

First of all thanks for such a great software.

Please tell me how to maintain my stock?

For example I purchase 500 bottles of medicine and I sell 200 then how can I check the remaining stock.

1 Like

You would do physical stock take at year end and value the stock at lower of cost or NRV (Net realisable value) and record in your account through journal
Dr Stock in hand (balance sheet item)
Cr Closing Stock (cost of sales)