Stock Control

Accurate stock control requires complete capture of all stock movements both inward and outward. Whilst the vast majority of stock movement can be captured via Sales and Purchase documents the following must also be accounted for:

• Goods returned by a customer via a Credit Note or Refund with consideration as to whether the goods are returned to stock on hand (normal), or are to be written off (using the adjustment option).

• Purchase Returns to a supplier using the purchase claims facility.

• Branch Transfers of goods from one stock location to another.

• Production of goods, including the construction of a Product from other Products (materials) via Factory orders and the Auto Make facilities.

• Stock written off or converted to an alternate product (eg. seconds) using a Stock Adjustment document.

• Stocktake and Spot Count variations.

To get started with stock control you should first ensure that all stock movement is being captured by Acumen through the above mentioned facilities. initially Purchases will have to be raised manually as the automatic purchasing systems cannot function until stock control is acquired.

Once you have replaced all manual or non Acumen transactions in these areas you are ready to begin stock control by setting the stock on hand. This is done via the stocktake system. It would be wise to try to coincide this with either an end of year stocktake or a regular end of month stocktake.

Once the stocktake has been completed the stock on hand and stock availability systems will be operational. Automatic purchasing may require further steps as detailed above.