Stock, transfers and counts
Every sale, delivery, transfer and write-off moves stock in real time, at its cost. Counts compare what is on the shelf with what should be there.
Stock locations
Main store, bar, kitchen or shop floor, each with its own stock and value.
Transfers
Requested, approved, sent and received, with any shortage in transit recorded.
Blind and cycle counts
Count everything, one department at a time, or a few items; counters do not see what is expected.
Write-offs by reason
Wastage, expiry, damage and theft, reported as shrinkage by department.
Used most by
Part of stock in NanoPOS.
Goes well with
- Purchasing and scan-to-receiveOrder from suppliers in cartons, receive by scanning on a phone, and see shorts, overs and cost changes as you go.
- Reorder and near expiryReorder points and par levels that turn into draft orders, and near-expiry stock marked down before it is lost.
- Bar measures and pour controlSell tots, doubles and bottles from the same stock, and catch what goes missing with bar counts.
Questions
Is stock kept at average cost?
Yes. Every delivery updates the weighted average cost, which is what stock is valued at.
Start selling with NanoPOS today.
Create your account in a few minutes, add your products, and connect your first till. Questions? We are on WhatsApp.