Inventory Stock Sale Warehouse for Pc

1. The inventory is tracked based on where the product is stored (LOCATION) and group of the location (LOCATION GROUP) and unit of measurement of the stored product (UOM) and status of the inventory i.e., (ON ORDER or COMPLETED in case of BUY) or (ON SALE or COMPLETED in case of SELL).

2. COMPLETED - the inventory in this status can be sold or moved to different location or converted to different unit of measurement.

3. The inventory in COMPLETE status can be converted to different unit of measurement within the same location.

4. The inventory in COMPLETE status can be moved to different location within the Location Group or across Location Group.

5. • Inventory is the product consolidated based on the UOM across location and location group.

6. CONVERT action decreases inventory from source unit of measurement and increases in target unit of measurement.

7. MOVE action decreases inventory from source location and increases to target location.

8. SELL action decreases the inventory of a particular product.

9. ON ORDER - the inventory in this status is being bought but not yet received in this location.

10. BUY action increases the inventory of a particular product.

11. While buying a product the following details need to be entered to keep track of the inventory.

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