In SwilERP, how to reconcile the opening stock

Reconcile Opening Stock

How to Reconcile Opening Stock in SwilERP


In SwilERP, users can reconcile the opening stock, ensuring accurate product quantities. This feature allows users to add stock quantities according to their needs, whether for newly created or existing products. The physical stock is verified and recorded in the system during this process. It is crucial for the actual stock and the system stock to match accurately.



This is an option to reconcile opening stock. For example, in the present, added stock affects your opening stock, not the current one. With this option, you can also create a new product and add the opening stock to it.

Open SwilERP dashboard in System Section

  1. Go to Master Data> Reconcile Opening Stock.
Reconcile Opening Stock.SwilERP Dashboard Window

Process when you create a New Product

  1. In Reconcile Opening Stock window, Whenever you create a new product then your stock is considered as opening stock:
    1. Select the Product from the list or the user can also create a new product.
    2. If you will select a new product then first you have to allow Lot details - 
      1. Click on the Right button on your mouse.
      2. Click on the option of Set Grid Layout.
      3. Then, search Lot Number and tick mark on Visible, Allow focus.
      4. Save the window.
create a New Product Set Grid Layout Window

In Lot number details

    1. Click on Lot number and then you will see "-1" select this.
    2. Then, you'll see a pop-up window of Product Lot.
    3. Enter the Require details -
      1. Enter the Batch number manually.
      2. Enter MRPRateSale Rate and other details.
      3. Click on OK.
Lot number detailsProduct Lot Window

After updating Product Lot details

    1. Add quantity in Actual Stock.
    2. And, all further details will be automatically filled.
    3. Save the window and your stock will be added.
updating Product Lot detailsProduct Details Tab

When you'll add stock to an already created product

  1. In Reconcile Opening Stock window, when you add stock to an already created product your stock is considered as same as the previous opening stock:
    1. Select the Product from the List. 
    2. Then, Select a Lot Number from the list, you can also create a new lot number as same as the above-given information.
    3. Now, add Actual Stock and further details will be field automatically.
    4. You can also view Last Shortage/Surplus entries from the below-given information.
    5. Save the page.
created product Product Details Window



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