The recording of information in the system that affects stock quantities.
Examples:
- Goods Receipt
- Goods issue
- AP invoice
- Relocation
- delivery note
With SAP Business One, you can manage and track inventory in real time. For effective inventory management, items can be sorted by storage bins, storage locations and batches.
The system offers various methods for stock valuation, including moving average, standard prices and FIFO (first-in-first-out).
Various inventory postings can be made in SAP Business One, including goods receipts, goods issues, stock transfers, inventory- and stock receipts. For certain requirements, one can also set up manual stock entries.
To ensure traceability and quality control, you can manage serial numbers and batches for your products. This is especially important for Industry sectors such as food, medicine and electronics.
Key actions are possible with SAP Business One's integrated reporting capabilities. These include inventory indicators such as stock levels, stock changes, stock turns and keeping track of shortages.
The sales, purchasing and production modules of SAP Business One are closely linked to the inventory lists. This ensures a smooth exchange of information between the different departments of your company.
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