Waste and Inventory

Recording Waste

Waste refers to products that leave the stock without being sold (e.g. spoilage or breakage).

1. First, define the reasons for waste in the settings

2. Create a new waste record

3. Select the product, quantity and stock

4. Save

Inventory

Inventory means the physical counting of stock.

During inventory:

• the actual balance is counted

• the counted quantities are entered into the system

• completing the inventory updates the stock balances

Inventory helps keep balances up to date and stock value accurate.