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Post Info TOPIC: VT+ advice


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VT+ advice
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Hi Shaun, ( I say Shaun as I woul bet money on him replying first to this post biggrin)

 

Anyway I am seriously thinking of investing in VT however I just wanted to know how you manage stock in VT?

im assuming that it doesn't work like Sage

 

 



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Eilef Loken MIAB

 



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How much do I win for getting in first? biggrin

There's no stock system in VT unfortunately, so in most cases you can't do anything except journal some numbers from an outside stock system. Maybe there are some creative ways to make it work in some circumstances, but in general I don't think it's suitable.

Of course this could be a challenge to Shaun to prove me wrong smile



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John


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Ok cheers,

I'm guessing it would be the same as making manual entries to get the right P&L



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Eilef Loken MIAB

 



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Ooh, a VT question.

horses for courses Eilef. For stock control you would be better off with something like Sage or Quickbooks.

For service industries it should be VT every time.

One of mine does their stock control in Excel and it works really well, although I wouldn't like to see that done by a client on a large scale and certainly wouldnt work with multi user setups.

Sorry, much as I love VT Tran+ it's not perfect for every scenario (then what non bespoke software is).

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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So I now seem to be getting VT to work and it's really easy once you get your head round things.

I'm not sure if I have this right now mind....

I have transferred closing stock at period end as follows:

DR Closing Stock
CR Stock

Now to open the new period I have:

DR Stock
CR Open Stock

It fits this periods P&L no problem
However YTD it is still showing closing stock as an accumulation?

Should I have CR closing stock somewhere?



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Eilef Loken MIAB

 

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