Stocktaking, also known as inventory counting, is a vital process in business management. It involves assessing and documenting the quantity, quality, and value of a company’s stock at a specific time. It helps maintain accurate records, manage inventory levels, identify discrepancies, and evaluate financial health. Stocktaking ensures adequate stock, uncovers theft or damage, and aids in decision-making. Though labor-intensive, it streamlines operations and contributes to long-term success in the marketplace.
You can perform partial or full stocktaking and you can decide if the database should be updated or if the stocktaking is only for information purpose. A stocktaking can be Open, Closed, Full or Partial. When the stocktaking is Open you can edit it and add remove items and the price is updated from the inventory. As soon as you Close the stocktaking it is read-only and the price is set to the price at the time you closed it. You can still print and export to Excel but you can not edit the items.
When the stocktaking is open you can add and remove products.
Then stocktaking is closed and is read only, you can not add or remove products anymore. The Closed status indicates that you did not update the database when the stocktaking was closed.
Then stocktaking is closed and is read only, you can not add or remove products anymore. The Full status indicates that you did a full database update of all products.
Then stocktaking is closed and is read only, you can not add or remove products anymore. The Partial status indicates that you updated the database only with the scanned products.
Create a new stocktaking. Opens the Edit stocktaking dialog.
Edit the selected stocktaking. Opens the Edit stocktaking dialog.
Delete the selected stocktaking.