Stock Take

Utilities > Stock Utilities > Stock take

Use this window to take stock of all or individual stock locations. The result of a stock take is a positive or negative adjustment transaction to bring the levels back into line with the physical count.

To take stock:

Set Stock Take options for the item selection, sorting of count sheets, cost price initialisation and reporting options.

Note: You should click the Initialise Cost Prices option for initial stock upload or import for a new implementation.
Select a location from the list, and click Initialise to initialise a new stock take on the currently selected location. This takes a snapshot in time enable the calculation of stock take variances.
Print count sheets for each location.
Enter the count quantities or import count.
Print variance reports for each location to recheck count figures.

Note: Variances could occur because of incorrect counting or errors during keying (rather than actual stock issues). Recheck the Count Qty against the physical count sheets.
Upload the stock variation for each location to the ledger, specifying a time and period that the transactions should be entered at.
You can use a text file to import stock take figures from another source, such as a stock taking device.