Inventory Management Overview

This module following inventory movement, calculated costing, calculated cost of good sold.

INVENTORY MANAGEMENT

Inventory mangement module includes 4 sections:

  • Setup: List of categories, list of groups, list of warehouses, list of items, list of units, Input an opening balance.

  • Input: Input of raw material, input of finished products, Other inputs, Goods return, Output RMs for production, Sales, Other outputs, Returned sales.

  • Process: Release batches, Input unit price of finished goods, Input unit price of output RMs, Input COGS, Post to general ledger, Calculate COGS.

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