Create Item Opening Stock
How to Create Item Opening Stock in Muhasib ERP
Overview
This guide will help you enter the documented beginning quantity and cost for a new stocked item by location and batch.
Muhasib creates inventory/location records and may create accounting entries when Financials is enabled.
Who can do this
You need access to Item/Opening Stock access plus relevant inventory and financial permissions.
Before you start
Create an active fiscal year, item, units, locations, batches/serials, and accounting mappings. Get an approved physical count and valuation as of one cutover date. Back up the database.
Where to find it
Back Office → Items & Advanced Inventory → Manage Items → save/select stocked item → Opening Stock.
Create Item Opening Stock
Step 1: Confirm item, base unit, cutover date, and zero/current stock
Step 2: Open Item Opening Stock
Step 3: Select Location and Batch where applicable
Select Location and Batch where needed.
Step 4: Enter approved quantity and unit/total cost according to verified labels
Step 5: Enter required serials for serialized items
Step 6: Add each distinct location/batch row once
Step 7: Review totals and save
Check your work
Compare and Confirm physical count/source schedule to Stock Report, Stock Ledger, batch/serial inquiry, inventory value, journal, Account Ledger, and Trial Balance.
If something goes wrong
- Never enter the same opening balance twice.
- Correct through the supported workflow, not a compensating unexplained adjustment.
Related guides
- Create a Stocked Item
- Create Taxed Item Opening Stock
- Review Item Stock by Location and Batch
- Create and Verify a Manual Backup