Negative Stock Issue
How to handle Negative Stock Issue in SwilERP (RetailGraph) Software
This Issue generally comes when (i.e You receive product and sell more quantity of that product) in that case your stock goes in negative. To correct your negative stock please follow the process given below.
First to see in which product your stock have gone negative you need to follow the given steps.
Login the SwilERP software go to START- OPTIONS- System Maintenance
In system Maintenance there is a tab (2. Recalculate) click on this option. After this there is a option in that “product Balances” Start the Product balances option.
Now you have to update the stock. After this process it will show you the list of the products who are in negative.
Now from this process you will get to know the products details who are in negative.
If you want to see the core product detail of Issued and received stock you can go in START - VIEW- PRODUCT QUERY
Here we need to select the product who’s details we want to see. You can also select the product by scanning Barcode and click the view button.
From this process you can see the details of that product by linking to many windows. You can see all the Sale and purchase bills of the product by clicking Received and issues option.
To set the product as per your physical stock you can add the products or you can subtract the products.
This process will execute through START- INVENTORY- SHORTAGE(for less) / SURPLUS(for adding)
Shortage Process :
In this process you need to select the product for shortage. In the shortage column you need to specify the quantity you want to less and save it.
SURPLUS :
In this process you need to select the product for shortage. In the shortage column you need to specify the quantity you want to add and save it.
From this process you can correct your stock and handle the Stock negative issue.
|
|
Related Articles
View Negative Stock Report
How to view the Negative Stock report in SwilERP (RetailGraph) This Negative Stock report displays a list of all stock items that have a negative quantity balance. SwilERP software has a feature to view the Negative stock report. In this article, we ...Issue Location Transfer Process
Overview Looking to streamline your inventory processes? The Issue Location Transfer feature in SwilERP makes it easy to move stock between locations, especially for items like expired, damaged, or on-hold products. Simplify stock relocation and keep ...Stock Location
Steps to Create a New Stock Location in SwilERP Overview of Stock Location: Stock location is where a company stores its Inventory or stock. It could be a warehouse or a store. Stock location is important for inventory management. It can help reduce ...Calculate Stock/Inventory Value
How to Calculate Stock Value in SwilERP (RetailGraph) Software What do you mean by Stock/Inventory valuation? The process of calculating the value of goods or materials owned by a company or available for sale in a store at a particular time or the ...Opening Stock Entry
How to Add Opening Stock in SwilERP Software Opening Stock is the amount and value of materials a company has available for sale or use at the beginning of an accounting period. In SwilERP, you can add opening stock in your product. With this option, ...