Inventory transfer from sole trader to trust in Reckon One
I have recently changed my operating structure from a sole trader to a family trust. I am trying to work out how I can move my inventory amount from my Sole Trader Reckon One instance to my new Family trust Reckon One instance.
I am gifting the inventory to my family trust although not sure how to reflect this in either account books.
I understand it will need to be an adjustment although I am not sure the correct method.
Any advioce with this would be greatly appreciated.
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