4.1: Stock Items and Units Creation

  • Creating stock items
  • Units of measurement
  • Stock categories and groups
  • Rate and price lists

Lesson 4.2: Purchase and Sales with Inventory

  • Purchase vouchers with stock items
  • Sales vouchers with stock items
  • Stock valuation methods (FIFO, LIFO, Average)
  • Inventory reports and analysis

Lesson 4.3: Stock Transfers and Adjustments

  • Stock journal entries
  • Physical stock verification
  • Stock adjustments and write-offs
  • Godown and batch tracking
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