How to Manage Inventory using Accoxi.

Get the complete features of the Inventory Module in Accoxi.

Inventory forms in accoxi

Inventory management saves you money and allows you to fulfill your customers' needs. In other words, it enables successful cost control of operations. Knowing what you have, what is in your warehouse, and how to manage the supply chain properly is the backbone of the business. ACCOXI provides different forms of Inventory to account for all the Stock related transactions.

Inventory

ITEMS

Item of business means any tangible or intangible, visible or invisible 'thing. An item may be of product or service that is offered for sale. It can be physical or in virtual or cyber form. Every item is purchased or made at a cost and sold for a price.

STOCK TRANSFER

The stock transfer is the act of moving goods from one part of the distribution chain to another. An internal purchase order is created for stock transfer between branches and warehouses. Accoxi provides a Stock Transfer system to the users and it enables the transfer of goods from Head Office to branch or from branch to head office or from branch to branch.

STOCK ADJUSTMENTS

Stock Adjustments enable the user to increase or decrease the number of items you have "In Stock" (read more about the Inventory list). Typical situations where the user can create a Stock Adjustment include- any other positive or negative event, which affects the Stock level - theft, fire, lost items, gifts, etc.

STOCK REORDER LEVEL IN ACCOXI

The reorder point is the level of inventory that triggers an action to replenish that particular inventory stock. It is a minimum amount of an item that a firm holds in stock, such that, when a stock falls to this amount, the item must be reordered. It is a minimum amount of an item that a firm holds in stock, such that, when the stock falls to this amount, the item must be reordered. Accoxi provides Reorder level system to the users and it enables the user to maintain the quantity of a stock item in hand and it enables smooth and efficient running of the business.

CATEGORY IN ACCOXI

Category in ACCOXI is used to enter the category of a product. Users can categorize the product according to category name and number. It can be created and viewed from the Inventory Module of the ACCOXI.

SUBCATEGORY IN ACCOXI

Within ACCOXI, users have the functionality to generate subcategories for products within a primary category. This enables them to organize products under the appropriate category and create additional subcategories as required.

BRAND IN ACCOXI

A brand is a product, service, or concept that is publicly distinguished from other products, services, or concepts so that it can be easily communicated and usually marketed. A brand name is the name of a distinctive product, service, or concept. Branding is the process of creating and disseminating the brand name. In ACCOXI users can define the brand of the products that they are dealing with and users can enter the brand data of the product in item form. It can be created and viewed from the inventory module => brand of the ACCOXI.

PRODUCT TYPE IN ACCOXI

Product type in ACCOXI is used to enter the Product type in which the products are categorized. Users can store the product in different Product types so ACCOXI enables the user to enter the data of the Product type. It can be created and viewed from the inventory module => Product type of the ACCOXI.

GROUP IN ACCOXI

The group in ACCOXI is used to enter the group of a product. Users can arrange the product group-wise. It can be created and viewed from the inventory module of the ACCOXI.

RACK IN ACCOXI

Rack in ACCOXI is used to enter the Rack Name of a product. Users can arrange the product in a rack-wise manner. It can be created and viewed from Inventory Module à Rack.

GODOWN IN ACCOXI

GODOWN in ACCOXI is used to enter the GODOWN details where the products are stored. Users can store the product in different godowns. So Accoxi enables the user to enter the data of the Godown. It can be created and viewed from Inventory Module à Godown of ACCOXI.

UNIT IN ACCOXI

Unit is one of the important functions in Accoxi as businesses commonly manufacture similar products in batches that may include hundreds or thousands of units per batch. It is one of the sub-parts of the inventory module, and it consists of various units of trading items.

SHELF IN ACCOXI

The shelf in ACCOXI is used to enter the shelf details where the product is aligned. Users can arrange the product on a shelf. It can be created and viewed from the inventory module àSHELF.

BARCODE PRINTING IN ACCOXI

Barcode printing in ACCOXI deals with the printing of barcode labels. Users can create a new barcode and enter the number of labels wanted and users can print accordingly.

STOCK JOURNAL IN ACCOXI

Stock Journal is a function where a user can deal with the manufacturing and packing functions of a product. Here users can convert items/raw materials into finished goods and users can also use this form for splitting large quantities of items into small units which is a packing function. It can be created and viewed from the inventory module => Transfer of materials

ITEM REQUEST

An Item Request is a request sent internally within a company to obtain purchased goods and services, including stock. The request is a document that tells the purchasing department or manager exactly what items and services are requested, the quantity, source, and associated costs.

RATE UPDATE IN ACCOXI

Rate update is one of the important forms in the Inventory module. It helps the user to change or update the sales rate of the products and it also helps to manage the sales in Branches.

OPENING STOCK IN ACCOXI

Within the inventory module, users can access the opening stock of items along with their respective values. This feature provides a clear overview of the initial inventory status.

STOCK SUMMARY IN ACCOXI

A Stock Summary is a comprehensive statement detailing the inventory status for a designated timeframe. It includes key information such as the opening and closing stock quantities, as well as the amounts of goods received and dispatched during the specified period. This summary offers a clear overview of the inventory movements and balances.

WEIGHING SCALE DATA IN ACCOXI

In Accoxi, the Weighing Scale Data form enables users to export product details in a format that is compatible with weighing machines. This feature streamlines the process of transferring product information to weighing devices, facilitating efficient operations.

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