Inventory

See stock balances, movements and value

Find how much of any item you have, where, what it is worth, and every movement behind it.

Owners, store managers and accountants.

Steps

Step 1: See what is in stock

Open Stock → Balances for quantities by item and warehouse.
Step 2: Follow one item

Open Stock → Ledger to see every receipt and issue for an item, with the running balance.
Step 3: See what it is worth

Open Valuation for the value of your stock by item or warehouse, using your company’s valuation method.
Step 4: Use the ready-made reports

Under Reports you will find Stock summary, Warehouse stock, Stock ageing and Movement analysis.

You can answer “how many do we have, where, and what is it worth?” for any item, any day.

Which valuation method does Inventory use?

The one set for your company and financial year — FIFO, LIFO or weighted average. Method comparison shows how the others would differ.

Open Inventory in a new tab and follow along.

Open Inventory All Inventory guides