We have very few inventory item to import as the beginning balance. The procedure would be simply to create a new inventory count. doing so does not update the count at hand. I assumed that is because no journal is created either. 

To understand the flow of odoo, we created a new odoo instance with no data and activated finance, purchase and inventory modules. set up an item and populated cost. doing a quick inventory count does indeed increase the stock at hand. However, no journal is generated and no entry in eitehr PNL or Balance sheet. Now I am at a loss on how the system works. Can anybody explain this, as it will be important to find the problem in our own instance.