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Physical stock count

Where: Operations → Inventory → Dashboard → Stock Control → Physical Stock Count.

Use a stock count to bring the system's figures into line with what is really on the shelves.

Physical Stock Count

Enter a count​

  1. Open the Physical Stock Count sub-tab. Every product is listed with its System Qty.
  2. For each product you counted, type the Physical Qty. The Variance appears beside it. Leave products you did not count untouched.
  3. Click Submit Count (n). The number in brackets is how many products you changed.

The page confirms with a count number, for example Count SC-20261004-2980 saved — 3 item(s) adjusted.

What a count does​

For each product whose physical quantity differs from the system quantity, the stock is adjusted and the books are corrected:

ResultStockIn the books
Shortage (fewer than the system says)ReducedThe loss goes to Inventory Adjustment (an expense)
Excess (more than the system says)IncreasedThe gain goes to Inventory Adjustment Gain (income)

See What posts where.

tip

Count when the stores are quiet, with all receipts and issues for the day already entered. A count taken while documents are still waiting to be posted will adjust for differences that are not real.