How do I enter opening stock or a stocktake in Kontuly?
In Kontuly, click the boxes icon (Stock) on a tracked item's row in Items, enter the change in quantity and the other account, and click Post adjustment. Use it for opening stock, a stocktake difference, or damaged goods written off.
- Open the item's stock. In Items, click the boxes icon (Stock) on the item's row. You'll see every movement of its stock.
- Enter the Date and the Change in quantity.
12adds 12;-2removes 2. - Enter the Cost per unit (excl. tax) when adding stock.
- Choose the Other account. For opening stock, an opening-balance or owner's equity account. For a stocktake loss or damaged goods, your cost of sales account or a stock-loss expense.
- Add a note, such as
Opening stockorStocktake 30 June. - Click Post adjustment.
Stock you add comes in at the cost you give. Stock you remove leaves at the average cost. Each adjustment posts a Stock adjustment journal, which you can void from Journals if you got it wrong.
If you use tracking categories, you can choose the Tracking for the other account, for example the job a write-off belongs to.
Why can't I sell an item I have in stock?
Kontuly only knows about stock that came in through a bill or an adjustment. If you're starting out with stock already on the shelf, enter it as opening stock first. The message says how many are on hand and how many the invoice needs.
How do I stop tracking an item?
Adjust its stock to zero first, then untick Track stock on hand.
Why can't I put stock on a journal or bank line?
Stock only moves through bills, invoices, credit notes and stock adjustments. That keeps the Inventory account equal to the value of the stock you hold. See How do I track stock in Kontuly?
Related questions
- How do I track stock in Kontuly?Turn on stock tracking for an item in Kontuly so bills add stock, invoices take it out at cost and post cost of sales, with moving average or FIFO costing.
- How do I sell a kit or bundle of items in Kontuly?Set up a kit in Kontuly, an item sold as one but made of tracked stock items, so each component comes out of stock at its own cost when you sell it.
- How do I add products and services as items in Kontuly?Save the products and services you sell or buy as items in Kontuly, with a price, account and tax rate, so invoice, quote and bill lines fill themselves in.
More about quotes, invoices and customers
- How do I add a customer or supplier in Kontuly?Add customers and suppliers to Kontuly's Contacts list, choose whether each is a customer, supplier or both, and archive the ones you no longer use.
- How do I create and send an invoice in Kontuly?Write an invoice in Kontuly as a draft, check it with Preview, then approve it to record the sale and email it to your customer with the PDF attached.
- How do I record a customer payment in Kontuly?Mark a Kontuly invoice as paid by matching the deposit in Banking or recording the payment by hand, including part payments and undoing a mistake.
- How do I void or cancel an invoice in Kontuly?Void an invoice in Kontuly when it should never have been issued, or raise a credit note when the customer is owed some of it back. When each one fits.
- How do I give a customer a credit note in Kontuly?Raise a customer credit note from an invoice in Kontuly to refund or reduce what a customer owes, then apply the credit to an invoice or pay it back.