Stock Management
Stock management lets you track inventory levels across warehouses, view stock balances, add opening stock, transfer stock between locations, and adjust quantities to correct discrepancies.
Overview of Stock Tracking
Stock is tracked per item and per warehouse. When you create invoices, sales orders, purchase bills, or adjustments, the system updates the quantity on hand. Stock balance shows the current inventory level for each item in each warehouse.
Stock Balance
What Stock Balance Shows
The stock balance view displays the current quantity of each item in each warehouse. It shows opening stock, quantity received (in), quantity sold or transferred out (out), and the resulting balance.
Stock Balance Grid
How to Filter by Warehouse or Item
Use the filters above the stock balance grid. Select a warehouse to see stock for that location only, or select an item to see its balance across all warehouses. You can filter by both warehouse and item.
Opening Stock
What Opening Stock Is
Opening stock is the initial inventory you have when you start using the system. It represents the quantity you already have on hand before recording any sales or purchases in Xnoll.
How to Add Opening Stock
Opening Stock Fields
| Field | Required | Description |
|---|---|---|
| Item | Required | The item for which you are recording opening stock. |
| Warehouse | Required | The warehouse where the stock is located. |
| Quantity | Required | The number of units on hand. |
| Rate | Required | Cost per unit for valuation purposes. |
| Date | Required | The date as of which this opening stock applies. |
Stock Transfers
What Stock Transfers Are
Stock transfers move inventory from one warehouse to another. Use them when you physically relocate goods between locations, such as from a main warehouse to a retail store.
How to Create a Stock Transfer
Stock Transfer Fields
| Field | Required | Description |
|---|---|---|
| From Warehouse | Required | The warehouse from which stock is moved. |
| To Warehouse | Required | The warehouse to which stock is moved. |
| Date | Required | The date of the transfer. |
| Items | Required | Line items with quantities to transfer. |
Stock Adjustments
What Stock Adjustments Are
Stock adjustments correct discrepancies between the system quantity and actual physical count. Use them after a stock audit or when you find damaged, lost, or misplaced items.
How to Create a Stock Adjustment
Adjustment Types
- Increase — Adds quantity to stock. Use when you find extra inventory or correct an undercount.
- Decrease — Reduces quantity from stock. Use when you find damaged, lost, or missing items.