To Reconcile Stock to Xero

To Reconcile Stock to Xero

At Month End you should check that the stock in Unleashed agrees to the stock on the balance sheet in Xero. If it doesn’t then you need to know why not as it could be something that is being done incorrectly and it’s much easier to identify and fix if picked up earlier rather than later.

Do this on the first day of the new month (or soon after)

• In Unleashed, go to Reports, Inventory, Stock on Hand Enquiry

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• Enter the last day of the month and click Run

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• Record the total at the bottom of the page

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• Go to Xero, Accounting, Balance Sheet

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• Record the figure for Stock on Hand

The figures in Unleashed and Xero should be the same (some rounding is ok)