Stock Control
Stock Control: This function provides full inventory control. Within the stock control option, you can:
- Set up a comprehensive record for each stock item.
- Use a short and unlimited stock item description – using either on customer documentation.
- Group stock items with similar descriptions.
- Flag items as inactive so they are not available during sales order entry.
- Manage stock levels in multiple locations completely independently (for example multiple warehouses, with a number of bins within each)
- Manage stock levels using specified minimum and maximum stock level and reorder quantity controls, by location.
- Prevent sales from a stock location – eg used as a bonded warehouse, undergoing a stock take or containing damaged stock.
- Set a default supplier for each stock item, with unlimited alternative suppliers.
- Set up custom search categories appropriate for each stock item type (eg colour, size, material, style).
- Record complete purchase price history for each stock item.
- Flag individual stock items to be ordered on a back-to-back basis.
- Identify unlimited alternatives for each stock item.
- Attach files to stock records (for example, word processing documents, images and spreadsheets).
- Using Price Book, hold unlimited selling prices per stock item, in any currency.
- Use a variety of costing methods, including FIFO, Standard and Average costing
- Buy and sell stock in different units, such as metres, centimetres, cases and pallets
- Run stock-takes on a cyclical basis, selecting which items to count by value and specifying the number of days between counts for each stock item.
- Transfer stock items from one location to another and control issue to internal areas (independent of departments set up in the Nominal Ledger).
- Store service type stock items such as carriage, labour rates and service charges
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