What stock journal is created by simplified year end tool

I am about to run the simplified year end and it is asking for my stock check valuation.
can I ask which stock related accounts are updated with this value? Is it closing stock 5201 and stock 1001?

Does it also update opening stock 5200 from BS stock 1001 first?

Thanks

Any code with a balance for that accounting period in the range of 4000 - 9998 (The P&L range) will be journalled to the balance sheet. So 5200 and 5201 would be included.

The simplified year-end tool is explained in more detail here:

http://community.quickfile.co.uk/t/simplified-year-end-tool/8906

This topic was automatically closed after 7 days. New replies are no longer allowed.