Stock ledger and opening balance | EazyJewel

Stock ledger

A stock ledger is the main stock account, such as Gold Ornaments or Silver Ornaments. Every item belongs to one.

Menu: Stock → Inventory → Stock Ledger (the page is called Stock Master)

Stock ledger list

The list shows Stock Name, UOM, Valuation, Metal and Status. Click Add Stock to create one.

Add stock

Field	What to enter	Example
Stock Name *	The ledger name	Gold Ornaments
Inventory UOM *	Unit	Grams
Metal	The metal (optional)	Gold
Valuation Method *	How stock is valued. AVERAGE is the default	AVERAGE
Description	A short note	22K 916 ornaments

Click Save Stock.

This shows the opening stock of each ledger.

Menu: Stock → Inventory → Stock Opening Balance

Stock opening balance

The list shows Stock, Location, OB Date, Debit Qty and Credit Qty. There is no Add button here. The figures come from your item opening balances.

Enter the stock you already had for each item on the day you started.

Menu: Stock → Inventory → Item Opening Balance

Item opening balance

Choose the Financial Year and click Apply. Use Reset to clear the filter.

Type straight into the grid: OB Date, Qty, Gross Wt, Stone Wt, Net Wt, Rate and Amount for each item.

Click Save All to save every row at once.

Example: 22K Gold Chain – Qty 40, Gross Wt 820.500 g, Net Wt 820.500 g, Rate ₹6,800.

For tagged items, the opening balance does not add stock. Stock for tagged items is added only when you create their tags. See Tags.