Stock and accounts, always in step.
Manage goods, services and non-stock items in one list, record receipts, issues and adjustments, and keep stock costed at weighted average.
- Goods and services
- Stock movements
- Weighted-average cost
What you can do with Inventory.
Items, stock movements, weighted-average cost and valuation reports.
Item master
Keep stock, goods, service and non-stock items in one list with filters.
Stock movements
Record receipts, issues and adjustments, with quantity and cost per unit.
Weighted-average costing
Each movement updates the weighted-average cost of the item.
Stock summary
See current stock and a full movement history.
Inventory valuation
Report the value of your stock.
Item profitability
See which items make the most money.
Know what stock is worth.
Costing updates with every movement, so valuation and item profitability reports reflect what actually happened.
- Stock summary and movement reports
- Inventory valuation
- Sales and purchases by item
- Goods receipts from purchase orders
Inventory, step by step.
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1
Set up items
Add goods, services and non-stock items.
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2
Record movements
Enter receipts, issues and adjustments.
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3
Cost automatically
Weighted-average cost updates as stock moves.
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4
Report
Review valuation and item profitability.
Inventory questions, answered.
Which costing method is used?
Stock movements update the item's weighted-average cost.
Can we list services as well as goods?
Yes. The item list covers stock, goods, service and non-stock items.
What inventory reports are available?
Stock summary, stock movement, item profitability and inventory valuation.
Explore other Ledger modules.
Sales, purchases, payments and bank entries post to one general ledger, so every module works from the same books.
See Inventory in action.
Book a free Ledger demo and we will walk you through inventory using scenarios from your business.