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Status Answered
Created by AgExpert Support
Created on Jan 30, 2013

Disqus Agexpert Accounting Questions Archive

Reading about analyst 2013 and noticed they have removed the auto inventory update when entering sales. To me this is a step backwards. Does this mean I have to enter the sale, then the inventory adj and then adjust inventory in field manager?

  • ADMIN RESPONSE
    Feb 10, 2025

    Great question!  Typically, anyone who was taking advantage of the old "auto-adjust" function to enter their sales, wasn't really tracking inventory anyway so that function has been removed.  It was causing too many problems down the road when a user decided to start tracking inventory for real. 
    Users now have a couple of choices, you can track inventory, or just track quantities to your income and expense report.

    If you're tracking inventory then it is vital that the opening balances, production, sales, etc all be entered properly or it becomes a mess when we're trying to sort it out at year-end.  If you're not really interested in tracking inventory and are only interested in seeing a total quantity sold on your income and expense report then you can delete the income/inventory account link and just use the quantity box in the transaction entry screen as a plain old quantity box.

    To answer your last question specifically, if you're tracking inventory properly then you will want to put on an opening balance for the start of the year, as you enter sales, the balance on that inventory account will be reduced and then at some point I will enter my production adjustments to bring up the balance on my inventory account again.  If you're tracking inventory in Field Manager Pro as well, then my best recommendation would be to enter sales and inventory adjustments in that program and then just import those into AgExpert, it will save you a lot of data entry.

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