GuideInventory & Products
Inventory Management & Valuation.
4 min read
Pro Plus Plan
Track product stock, unit cost prices, selling rates, and real-time inventory valuation for your business.
1
#Adding Inventory Items
Go to Inventory > "New Item". Add your SKU, item title, unit cost price, and default selling price.
- Stock count tracking (Quantity on Hand)
- Unit classification (pieces, boxes, hours, kg, units)
- Cost Price vs Selling Price calculation for gross margin insights
2
#Stock Adjustments & Restocking
When new stock arrives from suppliers, adjust item quantities to keep numbers up to date.
- Log supplier purchase costs to update average unit cost
- Stock audit count reconciliation
3
#Inventory Asset Valuation on Balance Sheet
The total value of your stock on hand is automatically computed and reflected as a Current Asset on your Balance Sheet.
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