Performing a Stock Count of Variant and Composite Products
Introduction
Stock Counting Plugin is a software module that seamlessly integrates with Tagrain POS and allows you to keep a track of your inventory. It helps you reconcile the actual physical stock in hand at the store with the stock recorded in the system.
During an inventory count, some or all item(s) in your store are 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.
The Stock Counting feature ensures that your store's inventory records are updated and you do not end up spending on inventory holding costs.
Prerequisites
The only prerequisite to use the Stock Counting feature in Tagrain is to ensure that you are subscribed to the Stock Counting Plugin.
Steps to perform Stock Counting
We have already covered the Stock Counting process for Standard Products and the process to count the Variant Products is no different.
In this article we have presumed that you have already created a Stock Count record by picking a Store, specifying the Stock Count Number, selecting the Count On date, and entering a Description.
Flip the Is Partial switch ON to display the Products accordion. The Products accordion allows you to select the product, the product group, or the product tag from the lookup type drop-down field and perform a Product search.
You can perform a search by typing in the Product Code, Product Description, Product Barcode, Product Group Description, or Product Tag Description.
Add the Variant Products that you intend to count the inventory for.
Once you have added the Variant Product(s), click the Save & Back button to return to the Stock Count List View Screen.
Click on the Calculator symbol on the Stock Count List View Screen under the Actions column to open the Count screen. Count the products and enter the Counted Quantity in the column specified. Click the Save button
Clicking the Save button will open the Stock Count document. The Stock Count Document displays the System Quantity as well as the Counted Quantity. You can choose to Print the Stock Count document for your records.
Return to the Stock Count List View Screen. Click on the Post symbol on the Stock Count List View Screen under the Actions column to open the Stock Count Posting screen.
The Stock Count Posting screen will display the System Quantity, the Counted Quantity, and the Adjustment Quantity columns.
The Adjustment Quantity column will automatically populate with the quantity adjusted and the status will change from Uncounted to either Matched or Unmatched.
The screenshot above shows that there are 2 products ITM-13 and ITM-15 with UnMatched status.
Click on the Post button. You will see a notification pop up asking you to confirm if you would like to update the current inventory. (As shown in the Screenshot below)
Clicking on the Post button will adjust the quantities for these products: ITM-13 (-3) and ITM-15 (+3), reconcile the stock, and open the Stock Count Posting Document. You can choose to Print the Stock Count Posting document for your records.
Upon successful posting the status on the Stock Count List View Screen will change from In Progress to Completed. (As shown in the Screenshot below)
Suggested Readings
Stock Counting Plugin Activation
Stock Counting Plugin Deactivation
Stock Counting Plugin Features
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