Can you explain me the purpose and the use of the Movement journal, why we use it and when?? what is the impact of passing movement journal in inventory and finance.As as far as my knowledge, we use the movement journal to put the opening balance of the inventory. Can u tell me which account should be taken in the offsetaccount.
Currently i make one suspense account and taken it as the offsetaccount while passing the Movement journal but the problem in this that at the year end closing this suspense account will show for that we have to pass the voucher for nullify the effect.
As for testing i pass the movement journal without amount it is updating the stock but not the finance, but obvious i havnt give the amount.
Can you tell me the whole functionality and effects of Movement journal.