Adjustments

The term "adjustments" refers to entries made in the inventory item ledger to rectify any discrepancies between the inventory balance in the ledger and the physical balance.

Contract Accounting Ledgers

Contract Accounting Ledgers

Inventory Management

Warehousing

Inventory Management Application

Our Inventory Management Application

Issues To Production

"Issues to production" refers to the process of releasing stored materials for the purpose of manufacturing finished products.

Product & Material Inventory Ledger

Guide

Stock Count

Importance of Stock Count

Transfers

The Transfer function facilitates two types of transfers: Transfer from Factory and Transfer Between Locations.

Valuation of Inventory

The application is designed to calculate the inventory value of each item based on physical balance, which accounts for any discrepancies.