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Inventory

Items, batches, warehouses and a stock ledger that moves when documents move — so the figure stays true.

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What it is

The short version

A stock figure is only useful if it is true, and it stops being true the moment it is maintained separately from the documents that move goods. Every business that keeps stock in a spreadsheet has the same experience: the number is right on the day it is counted and drifting by the tenth of the month, so eventually everybody stops believing it and walks to the shelf instead.

Detail

The principle: stock moves because a document moved

A delivery challan takes goods out. A goods receipt puts them in. There is no separate stock entry to remember, which is precisely why the figure stays right. Every movement in the ledger names the document that caused it, so any number can be traced back to a real event.

What it does

What it holds

Items

goods and services, with SKU, HSN or SAC, units, pack size, rates and tax treatment.

Warehouses

stock per location, not one number for the whole company.

Batches and serials

where they matter, with expiry watched and enforced rather than remembered.

The stock ledger

every movement, with its document.

Reorder points

so the list of what to buy writes itself.

Barcode and GS1

including the compound codes on pharmaceutical and FMCG packs, where one scan carries GTIN, batch, expiry and quantity.

Detail

Valuation you can explain

What is on the shelf, what it cost, and how long it has been sitting — with the movements behind every number one click away. Stock ageing is the report that usually surprises people: the slow movers are rarely the ones anybody would have guessed.

Against what you do today

How this compares

A stock spreadsheet

Maintained by one person, updated when they remember, and reconciled by counting. It is not that people are careless — it is that the spreadsheet has no way of knowing a challan was raised.

Inventory in the accounting package

Usually valuation-first: good for the balance sheet, weaker on where things physically are, what batch they belong to and when they expire. Fine for a trader with one godown; painful for anyone with three locations and short-dated stock.

Questions people ask

Can it stop me selling what I do not have?
Yes — availability is checked against the location the goods would leave from, and what happens when it is short is a rule you set rather than a surprise.
Does it handle job work?
Material out to a job worker and back is recorded as movements with their own challans, so what is lying at somebody else’s premises is a number rather than a memory.

See it with your own data

Start free, import a spreadsheet of your customers, and raise a real GST invoice in the first ten minutes. No card, no sales call.