Mr. iON: Sir, once the above prerequisites are fulfilled, we can proceed for the transaction creation. Let us go through the procedure

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2. Passing subsequent month’s closing stock entry Here, our intention is to pass the value of the closing stock as on 30 April 2019 in the system.
This value can be fetched from the Stock statement and Valuation report from Inventory module of DDR. Consider that we referred to the report with Raw Material filter and found that the value of stock (Landed Amount) on 30 April is Rs. 1,20,00,000/- (i.e. an increase of 20 Lakh over opening value.
Path: Go to FnA >> General Ledger >> Stock Entry >> Create >> Fill in all
mandatory fields. Screenshot and explanation areas under

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Field name
Explanation
Accounting Org
Choose the desired accounting site
Voucher Date
Choose the correct date. Should be month end or year end.
Voucher Sub Type
This will be default selected as per Voucher numbering
Retained Earnings ledger account code
This will be default selected as 'Retained Earnings' for voucher's counter effect.
Narration
Pls enter the desired narration
Account code
Enter the account of Stock Asset as defined earlier
Closing Amount
In this field, enter the current value of stock, i.e. as on 30-
04-2019 which is 1.2 crores
Current closing balance
This shows the closing balance of the account prior to passing of the entry, i.e. 1 crore.
Change in Stock This is auto populated as the difference of the above two. Entry will pass with this amount
Note – Using Insert row we can add multiple stock asset accounts in single voucher.
Once the data as above is filled, we have to Submit and approve the transaction. On Approval, the JV header appears which shows the debit and credit effect of the stock:

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