NavigateERP for African business

Opening stock only - without a trial balance

For a shop starting on Navigate: stock quantities and costs, and the equity on the other side.

Steps

  1. Go to Finance → Opening balances → + Opening stock only: name it, set the cut-off, choose the equity account credited (usually *Opening balances (equity)*, or the owner’s capital) and tick Create items that are not in Navigate yet if you have no item list.
  2. Download the template and fill one row per item and warehouse: SKU, description, warehouse code, quantity, unit cost (batch number, expiry, serials when the item needs them; category, unit and selling price for a new item).
  3. Upload it: each row is checked - unknown warehouses, missing costs, serial counts, batches.
  4. Post: the stock goes into the warehouses at that cost (each item’s cost starts there) and one opening journal: Dr inventory (by item group and warehouse) / Cr the equity account.

Good to know

  • Posted once; a reversal needs a second person. For a full migration (trial balance, customers, suppliers, bank, assets) use + New migration instead.