CenterPoint® Accounting for Agriculture - Enter Beginning Inventory Balances Video - Duration: 7 min 06 sec

Enter Beginning Balances for Inventory Items Document

 

This video discusses how to enter the beginning balance for inventory items from the Inventory Adjustments screen when you have the Inventory module for CenterPoint. It discusses the beginning balance period (one month before your database's beginning transaction date), the inventory valuation method selected for purchased inventory for resale in your company, and the accounts affected by the adjusting transaction.