Product & Stock
AuditPro's Product & Stock feature is designed to help you effectively manage and track your inventory, ensuring accurate stock levels and efficient product management. Here's how AuditPro's Product & Stock functionality can benefit your business:
- Product Database: Maintain a centralized database of all your products within AuditPro. You can store essential product information such as SKU (stock-keeping unit) numbers, descriptions, pricing, supplier details, and other relevant attributes.
- Stock Tracking: AuditPro enables you to track your stock levels in real-time. You can record stock quantities, set minimum and maximum thresholds, and receive notifications when stock levels reach specified limits. This feature helps you optimize inventory control and avoid stockouts or overstocking.
- Stock Adjustments: Make stock adjustments within AuditPro as needed. You can record stock additions, reductions, transfers, or write-offs, ensuring accurate inventory management and reflecting any changes in your stock levels.
- Stock Valuation: AuditPro provides tools to calculate the value of your stock. You can assign costs to products, track the total value of your inventory, and generate reports on stock valuation. This information is essential for financial reporting and managing the financial health of your business.
- Product Variants and Attributes: If you offer products with different variants or attributes (e.g., size, color, etc.), AuditPro allows you to define and manage these variations. You can track stock levels for each variant, manage pricing variations, and ensure accurate inventory management for your product variations.
- Integration with Sales and Purchases: AuditPro's Product & Stock feature seamlessly integrates with the Sales and Purchases modules, ensuring accurate stock updates based on sales and purchase activities. This integration provides real-time visibility into stock levels and helps maintain accurate inventory records.
