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Inventory

Track, manage, and control inventory with real-time quantity and cost movements.

Updated this week

Q1. How to create an inventory item?

  • Go to Products > Items List > click New Item > choose Inventory as the item category, and fill in the required fields.

Q2. Can I import inventory items?

  • Importing inventory items is currently not available as of the moment.

Q3. What are the costing methods in Jaz's inventory?

  • There are only two costing methods available. Fixed Cost and Weighted Average Cost.

    • Fixed Cost: uses a set unit cost for all transactions, regardless of purchase price changes.

    • Weighted Average Cost: recalculates the unit cost whenever new stock is added, averaging old and new costs.

    • Note: Once selected for an inventory item, the costing method cannot be changed.

Q4. What does Block Insufficient Deductions do?

  • Enabling this prevents transactions that would reduce inventory stock below zero.

  • Note: If you enter a sales quantity greater than the available stock, the QTY field turns orange to indicate insufficient stock.

Q5. How do I create inventory accounts?

Q6. Can I edit inventory items?

  • Yes, to edit your inventory items, go to Products > Items List > Inventory Items

Q7. Can I delete inventory items?

  • Yes. Select the item, click the options icon, and choose Delete.

  • You can also mark items as Inactive, which hides them as options in transactions.

Q8. Where do I manage my inventory?

  • Head over to Products > Inventory to manage:

    • Balances: current stock levels

    • Quantity Movements: additions and deductions

    • Cost Movements: changes in unit cost

Q9. What affects quantity movements in inventory items?

  • Increase stock: Recording bills, customer credit notes, and journal entries.

  • Decrease stock: Recording sales, supplier credit notes, and journal entries.

Q10. How to track quantity movements?

  • Click Quantity Movements on your inventory dashboard to view:

    • All: shows every quantity movement

    • Additions: items added to stock

    • Deductions: items removed from stock

Q11. How to track cost movements of my inventory items?

  • Click Cost Movements on your inventory dashboard to view:

    • All: shows every cost movement

    • Above Average: shows transactions with costs higher than the average

    • Below Average: shows transactions with costs lower than the average

Q12. Can I turn my Sales or Purchase items I previously recorded into an inventory item?

  • No. This restriction ensures accurate costing, inventory tracking, and financial reporting.

Q13. How do I know if an item is an inventory item?

  • Inventory items are marked with a cube icon, making them easy to identify.

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