Accounting Software Inventory Management

Inventory Management is an important part of this accounting software. System support Lifo, Fifo and weighted average. Sale and purchase modules automatically manage stock quantities.

Flow & Process of Inventory Module

Inventory Management module consists three sub-modules. You have Warehouse Master, Inventory Master or Item Master and Stock Replenishment. You may add Warehouses and unlimited inventory items.

accounting software Purchase management

Warehouse Master

The Warehouse Master is used for the storage of the detailed information about the go-downs. You can be as detailed as you feel necessary since most of the fields are not required to be filled in. You can create unlimited warehouses.

Inventory Master

The Inventory Item Master is used for the storage of detailed information about the products or services you sell. You can be as detailed as you feel necessary since several of the fields are not required to be filled in. Items Numbers are unique and generated automatically as per defined rule in settings.

Rejection IN / OUT

Rejecting of goods that are received via material receipt, rejecting back of goods that are delivered due to damage or any other reason.

Go down & Batch

You can transfer goods from one go down to another. Keeps records of location in which products are stored. Maintain batch, MFD, EXPD etc.

Manufacturing Journal

Efficiently keeps records of raw materials of finished goods, cost for raw materials & its effective cost.

Physical Stock

The gap between actual and expected stock can be adjusted here.