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AICOUNTLY Inventory

Know your stock.Trust your valuation.

Items, warehouses, batches and serials in one place — with the valuation, movement history and reconciliation that your books depend on.

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  • Warehouses and batches
  • FIFO / LIFO / WAC
  • Reconciles with Smart Books

Built for Indian businesses. Designed for what’s next.

Illustrative interface. Figures are examples, not customer data.

  • Items & batches Masters, units, batches and serials.
  • Warehouses Locations and stock balances.
  • Valuation FIFO, LIFO and weighted average.
  • Reconciliation Agrees with the Stock-in-Hand ledger.
Built around your working day

Stock counted properly, and corrected properly.

Inventory owns quantities, movements, cost and valuation. Smart Books owns the amounts and the ledger impact — the two read each other rather than duplicating each other.

Items & masters

Item groups, categories, brands, units of measure, warehouses and locations, bills of material, batches and serials.

Stock movements

Inventory documents, stock balances, a full movement ledger, and reservations against open commitments.

Valuation

FIFO, LIFO and weighted-average costing with cost layers, COGS, and back-dated recalculation when a correction lands late.

  • Cost layers kept, not collapsed
  • COGS derived from the layers, not estimated
  • A back-dated entry recalculates rather than leaving the ledger wrong

Reconciliation

Reconcile against the Stock-in-Hand ledger in Smart Books, so the warehouse and the accounts agree.

Built for correction, not just entry

Real stock gets corrected after the fact.

Inventory keeps cost layers and revisions, so an entry back-dated into a closed month recalculates valuation properly instead of quietly leaving the ledger wrong.

Movement

Receipt, issue or transfer recorded.

Cost layer

Valuation method applied to the layer.

Reconcile

Compared with Smart Books.

Quantities and cost belong to Inventory. Amounts, taxes and the debtor or creditor effect belong to Smart Books.

Works even better together

Connected products for a complete business view.

Inventory works alongside the rest of AICOUNTLY, so your data stays in one place and your teams stay aligned.

See the whole platform

Smart Books

Accounting & Finance

Your reports, the way you like them. Monitor and analyze your figures to grow your business.

Explore Smart Books

Purchase

Business Operations

Manage purchase orders, bills & payments

In development Explore Purchase

POS

Business Operations

Counter billing, receipts & daily sales

In development Explore POS
Frequently asked questions

Quick answers.

Answers specific to Inventory — not generic suite copy repeated on every page.

What does Inventory own that Smart Books does not?

Inventory owns stock quantities, movements, inventory cost, valuation and COGS. Smart Books owns the commercial side — amounts, discounts, taxes, invoice totals and the debtor or creditor effect. Each product is the source of truth for its own half.

Which valuation methods are supported?

FIFO, LIFO and weighted average, with cost layers retained so COGS is derived rather than estimated.

What happens when an entry is back-dated?

Inventory keeps cost layers and revisions, so a back-dated correction recalculates valuation for the affected period instead of leaving the ledger wrong.

How does it reconcile with the books?

The movement ledger is reconciled against the Stock-in-Hand ledger in Smart Books for the company, branch and financial year selected in Manage.

Where do I open Inventory?

At inventory.aicountly.com, signed in with your AICOUNTLY account.

A brighter tomorrow awaits

Know your stock. Plan your next move.

See how AICOUNTLY Inventory can work for your business.

Book a demo Open Inventory
Suite-wide customer proof

Trusted by Indian business leaders

These quotes reflect experience with the AICOUNTLY suite — not a product-specific endorsement of every module on this page.

Shanav Garg
“AICOUNTLY turned my financial chaos into harmony. The simplicity and automation make managing finances feel effortless — real-time insights are a game-changer.”

Shanav Garg

Director, Trans Rail Industries Private Limited

Karan Gupta
“AICOUNTLY elevated how we approach business finances. The intuitive interface and automation empower informed decisions — I recommend it for teams that need reliable financial management.”

Karan Gupta

Director, Vesta Industries India Private Limited

Srideep Samanta
“AICOUNTLY is remarkably user-friendly — like a personal financial assistant. Integrations feel seamless and support is exceptional. A lifesaver for busy entrepreneurs.”

Srideep Samanta

Director, Walkwel Technology Private Limited