Stock Accountant - Advanced Inventory Accounting
Configure valuation settings, manage valued locations, and review audit reports for inventory accounting
The Stock Accountant module adds an accountant-focused layer on top of inventory valuation. It is centered on valuation settings, locations that affect stock value, and audit-oriented reporting rather than day-to-day warehouse execution.
According to the source guide, this module fits companies that already use automated inventory accounting and need accounting teams to review value settings and valuation reports in a more controlled way.
Main capabilities
Key points
• Configure Inventory Valuation at company level for stock accounting flows.
• Choose a Cost Method such as FIFO, AVCO, or Standard Price.
• Set the Stock Valuation Account and Stock Journal used for inventory entries.
• Manage valued locations that directly affect the financial value of inventory.
• Review Inventory Valuation reports for audit and reconciliation work.
Important fields and concepts
| Fields | Trường dữ liệu | Description |
|---|---|---|
| Inventory Valuation | Định giá tồn kho | Defines how inventory value is recorded in accounting. |
| Periodic Valuation | Định giá định kỳ | A valuation approach based on periodic closing rather than real-time recording. |
| Inventory Cost Method | Phương pháp tính giá tồn kho | The selected costing logic such as FIFO, AVCO, or Standard Price. |
| Valuation Account | Tài khoản định giá | The default accounting account that carries stock value. |
| Stock Journal | Nhật ký kho | The journal used for inventory-related accounting entries. |
| Valued Locations | Vị trí có giá trị | Warehouse locations whose moves affect inventory value in accounting. |
Set up automated inventory accounting
Steps
1. Go to Settings → Accounting and find the Inventory Valuation section.
2. Choose the Inventory Valuation model used by the business.
3. Set the Inventory Cost Method, such as FIFO or AVCO.
4. Choose the Stock Valuation Account for stock value recording.
5. Assign the Stock Journal for inventory-related entries.
6. Save and verify the settings in the correct company context if working in a multi-company environment.
Manage valued locations
The source guide stresses that accountants should not stop at company-level settings. They also need visibility into which locations affect stock value and which ones need dedicated accounts.
Steps
1. Open Settings → Accounting → Inventory Valuation.
2. Click the locations link to open valued locations.
3. Review sensitive locations such as Inventory Loss or Production.
4. Set location-specific accounts when the business should not rely only on global defaults.
5. Save the change and check the effect in the Inventory Valuation report.
Locations that usually need review
| Fields/Button | Description |
|---|---|
| Inventory Loss / Hao hụt tồn kho | Location used for shrinkage, losses, or value-reducing stock adjustments. |
| Production / Sản xuất | Location used for component issue or finished goods flow in manufacturing. |
| Location-specific Accounts / Tài khoản theo vị trí | Allows the business to override the default inventory account at location level. |
Inventory Valuation report
Key points
• Access it through Accounting → Reporting → Audit → Inventory Valuation.
• Review inventory value by product, quantity, and total value in real time.
• Drill down line by line for audit support or general ledger reconciliation.
• Export the report for internal review or finance reporting work.
Typical use case
Steps
1. The accounting team enables automated inventory accounting for a new company.
2. It sets FIFO or AVCO according to the business valuation policy.
3. It reviews valued locations so loss and production flows hit the correct accounts.
4. It opens the Inventory Valuation report to compare stock value with the current accounting period.
5. It adjusts configuration if a sensitive location is posting to the wrong account.
Practical notes
Key points
• The module commonly appears when the business already uses stock_account and account_accountant together.
• Settings are company-dependent, so company context matters in multi-company environments.
• Changing the valuation method affects future transactions more than it rewrites historical valuation.
• Accounting and warehouse teams should coordinate before changing the cost method or valuation accounts.