Inventory Opening through purchase invoicing

Dear Experts,

I am migrating opening balance of inventory through Purchase invoices rather than positive adj. through item journals. I needed to create the invoices as there may be items charges afterwards which needs to be assigned to the original receipts.

Now my question is when i post the opening inventory using purchase invoice, it creates GL entries and Vendor ledger entries against the inventory. In this case I can offset the GL when I post the opening GL but I am bit confused what to do with the vendor ledger entries. Can you please suggest the right solutions?

Thanks and Regards,


When you use purchasing, it affects the vendor ledger, there is no way around that. The solution to me seems to be to use item journals for opening inventory balances (I’d probably use physical inventory), and take care of charges in general journals.

Use item journal for opening balances .