Reconcile Current Stock with Surplus
How to Reconcile Current Stock with Surplus in SwilERP
What is Meant by Surplus and how it is reconciled with SKU-wise?
Stock reconciliation is the process of matching your stock records with what you have physically in your store. Using the stock reconciliation process with Surplus, you can Update the quantity of a particular product.
We'll take a closer look at how to Reconcile your stock with the Surplus option in SwilERP. In this report, you can view all the details of the product with their Lot number, Batch number, Actual rate, Surplus quantity, and stock.
What is a SKU?
Stock Keeping Unit or SKU is a unique identifier assigned to each product for easier and more efficient record-keeping.
To Reconcile the stock with the Surplus unit:- Go to the Adjustment > Surplus.
To Reconcile your current stock:
Go to the Home tab.
The system will automatically take the current Date.
Select Product details that you want to reconcile in surplus stock.
Select Batch Number of selected product.
Add Actual Stock which you have physically in store.
After that Surplus details will automatically be filled in a dialog box.
Go to the Home tab to Save and Print your report.
To Add a New Lot number of a product:
- If the user wants to add a new Lot number, then they can do it from this option
- Go to the Lot number box and click on (-1) then a Pop-Up window will be opened. Along with adding batch numbers, we can change other details as well.
Note:- Users can add more than one Product as per their requirements.
To View Report of surplus stock:
- After stock reconciliation users can View the reports for the same.
- Go to the View tab and select the Browse section. Users can select the option as per their requirements as Month wise/Entry wise/Date wise/Current year/Last 7 days.
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