Automatic Journal Entries > Inventory tab

Show expandable text

Warning

Product support for the Creative Solutions Accounting platform ended on September 30, 2020.

Help & How-To Center content for the Creative Solutions Accounting platform may be outdated and is used at your own risk.

Use the Inventory tab of the Automatic Journal Entries dialog to set up an automatic journal entry to calculate and record the client's change in value of inventory. (Inventory entries adjust the balance of the Inventory account to the actual ending inventory amount, with the offset debited or credited to the Changes in Inventory account.)

Choose Automatic Journal Entries from the Setup menu and then click the Inventory tab.

See also: Automatic Journal Entries [Setup menu]

Special information

  • For additional information and examples, see Automatic Journal Entries in Write-Up CS (PDF).
  • If multiple automatic journal entries have been set up for the client, the application completes the calculations in the following order: (1) percentage; (2) inventory; (3) state tax; (4) federal tax; (5) overdraft.

Fields & buttons

Was this article helpful?

Thank you for the feedback!