Inventory Account

In iVendNext, users can either set up a Warehouse-wise Inventory Account or use the default Inventory Account from the Company master, which is 'Stock In Hand.'

In the upcoming version, users can also able to set the Item-wise Inventory Account. To do this, they need to enable the option 'Enable Item-wise Inventory Account' in the Company master.

After enabling it, users can define the Default Inventory Account in the Item master. Alternatively, they can set a Default Inventory Account at the Item Group or Brand level if they do not wish to define it for each item individually.

Users can choose to use either item-wise or warehouse-wise inventory accounts, but not both.