Stock Movements and Adjustments
Last updated
Last updated
Stock Movements and Adjustments
Every inventory movement—whether it’s receiving goods, moving them between warehouses, or fulfilling orders—needs to be tracked accurately in the ERP system. This ensures that inventory records remain up-to-date and allows businesses to maintain full visibility of stock levels.
Common Stock Movements:
Goods Receipt: Items received from suppliers are added to inventory.
Stock Transfers: Moving items between different warehouse locations.
Sales and Dispatch: Stock is reduced when items are sold and shipped to customers.
Adjustments: Manual corrections for discrepancies discovered during stock counts.