Performing a Stock Count of Standard Products

Introduction

The purpose of conducting a Stock Count is to identify any discrepancies in your inventory levels and to reconcile your inventory. 

This process is useful in enhancing your inventory management since it involves physically counting the stock in your store and comparing it to the inventory recorded in the system. 

During an inventory count, some or all item(s) in your store is counted manually and recorded in the system. When the inventory count is submitted, the application compares the actual physical stocks with the stocks recorded in the system and generates a report for any unexpected variances in your inventory levels. By identifying any variances, you can then reconcile them to minimize the overall costs associated with holding inventory.

This video helps you get acquainted with the steps to count Standard Products. The procedure to count Variant and Composite Products is no different.

• Related Articles

• Performing Stock Transfers In Tagrain

  Introduction Stock Transfers and Inventory Tracking plugin allows you to transfer stock between stores for effective inventory management. Performing stock transfers in Tagrain is a two-step process that involves - Stock Transfer Shipment and Stock ...

• Stock Counting Plugin Activation

  Introduction The purpose of conducting a Stock Count is to identify any discrepancies in your inventory levels and to reconcile your inventory. This process is useful in enhancing your inventory management since it involves physically counting the ...

• Stock Counting Plugin Deactivation

  Introduction The purpose of conducting a Stock Count is to identify any discrepancies in your inventory levels and to reconcile your inventory. This process is useful in enhancing your inventory management since it involves physically counting the ...

• Importing and Exporting Products in Tagrain

  Introduction Categorization of products based on their types is a great advantage offered by an online retail application. Adding a single Product record in Tagrain is quick and simple. What if you want to add multiple products? Tagrain makes that ...

• Performing Sale and Sale Refund using the Tagrain App for iPad Video

  Introduction This video helps you get acquainted with the steps involved in performing a sale transaction. It also gives you an overview on how to deal with sales refunds using the Tagrain App for iPad. Sale Sale Refund