Inventory, stock transfer and valuation reports
Maintain auditable stock across locations and understand its assigned cost.
Before you begin
- Active warehouses
- Correct product UOM and variants
- Valuation method approved by finance
Step-by-step instructions
Complete and verify each stage before continuing.
- 01
Review opening quantity
Check the intended warehouse, opening balance and posted historical movements before adding more stock.
- 02
Receive stock correctly
Use purchasing or the approved stock-receipt workflow to recognise physically received items; avoid direct database adjustments.
- 03
Transfer between locations
Select source and destination warehouses in the supported transfer form. Verify quantities and company context before posting.
- 04
Record issue and return
Use the relevant sales, consumption or return document to explain why quantities changed.
- 05
Choose a valuation policy
Ask accounts to approve FIFO, LIFO or weighted-average treatment as supported and permitted for the reporting purpose.
- 06
Reconcile stock reports
Compare movement history, stock ledger, physical counts and valuation. Investigate negative stock or missing transfers.
Final verification checklist
- Warehouse quantity agrees with movements
- Transfer has correct source and destination
- Valuation follows accounting policy