Inventory management helps companies identify which and how much stock to order at what time. It tracks inventory from purchase to the sale of goods. The practice identifies and responds to trends to ensure there’s always enough stock to fulfill customer orders and proper warning of a shortage.
PRODUCT BARCODE GENERATOR
COSTING METHOD: LAST PURCHASE PRICE
|A New Costing Method Is Added To The List And Can Be Chosen From Product Category Form.|
|Cost Price Of Products Will Be Updated With Their Last Purchase Price|
|Takes Last Purchase Price In Stock Valuation Report|
|Automatically Posting Price Difference Related Accounting Entries To The ‘Price Difference Account’ When We Use Automated Inventory Valuation|