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Writing off stock

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kingdeliveryvaal

10 Jul, 2015 05:09 AM

Hi.
Love the product.
I'd like to know how to write off stock in easy books iOS. The stock has expired so needs to be written off to zero.
Thanks

1. Support Staff 1 Posted by Admin on 10 Jul, 2015 01:43 PM

   

   Hi there,

   Thanks for your kind comments!

   You can open the Product Details screen where you originally set the name and selling price. You should find a section labelled "Current Valuation". Just set the Qty and Value to zero.

   This will generate a transaction between the asset account and your cost of sales account for the value.

   I hope that helps,

   Mathew

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2. Admin closed this discussion on 01 Dec, 2015 07:56 AM.