Stock on Hand workpaper (SOH)

How the SOH workpaper is populated, how the auto-triggered opening and closing stock journals work, and what the user must validate.

The Stock on Hand (SOH) workpaper reconciles the opening stock balance, records the closing stock balance based on client-provided figures, and auto-triggers the necessary journal entries. This produces the correct year-end stock position in the General Ledger (GL).

Data extraction

Automatically populated based on the current year GL Details uploaded under Data Sources (Ledger).

Section structure

Single section covering all account codes mapped under Stock on Hand in Chart of Accounts (CoA) mapping.

Auto-triggered journals

There are auto-triggered journals in this workpaper for the following entries:

  • Reversal of the opening stock
  • Recording of closing stock: The user must validate or modify the values as advised by the client.

Always validate the closing stock figure with the client before finalising this workpaper. The system records the closing stock based on prior-period data and cannot verify the current year-end count on its own.

Balance per GL

Sum of all account codes mapped to Stock on Hand in CoA mapping.

How to access

  1. Go to Jobs and open the relevant job.
  2. Click the Workpapers Icon or navigate to Results then Workpapers.
  3. Select SOH on the Workpapers Dashboard.