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Set up inventory

Before you move stock, choose how it’s valued and which accounts it posts to. This is a one-time setup per entity.

Beginner2 steps~2 min
1

Open Inventory setup.

From Inventory, open Setup.

mujez
Open Inventory setup.
2

Choose the valuation method and accounts.

Pick a valuation method — FIFO, moving average, or FEFO — and the inventory and receiving-clearing accounts stock posts to. Save it.

mujez
Choose the valuation method and accounts.