Inventory

Purpose

Set up the product catalogue, name the warehouses, move quantity when the job is not a sale or a purchase, and read stock reports.
Screen: Inventory. Locations, Product Documents, and Inventory Report need Premium (or Accountant).
Selling and buying with an item code stay on Sales and Purchase. Month-end stock value on profit and the balance sheet is Maintain Stock Value.

G1 — Categories, products, price categories. The catalogue: category, product, price category, and item type. Masters only. Quantity does not move here.
G2 — Locations. Warehouses, shops, or stores. Skip this if you never pick a location on a line.
G3 — Product received, issue, transfer, adjustment. Quantity in, out, between locations, or after a count. Customer, supplier, and bank stay unchanged.
G4 — Inventory reports. Count sheet, warehouse documents, stock card, month-end quantity, and stock aging. These reports read. They do not post.

Inventory → Maintain Category, Maintain Product, Maintain Price Category, Maintain Item Type, Maintain Location.
Inventory → Product Document → Product Received, Product Issue, Product Transfer, Product Adjustment.
Inventory → Inventory Report → Stock Physical WorkSheet, Stock Document, Stock Card, Stock Month End Balance, Stock Aging.

Name a product so invoices can pick an item code. Maintain Product, after Maintain Category.
Different selling prices by customer group. Maintain Price Category, then the customer and Cust.Price on the product.
See which store holds the goods. Maintain Location, then pick it on the line.
Goods came in with no supplier bill, or left with no customer invoice. Product Received or Product Issue.
Move stock from one store to another. Product Transfer.
The count does not match the book. Stock Physical WorkSheet, then Product Adjustment.
You bought the goods. Goods Received or Purchase Invoice.
You sold or delivered them. Delivery Order or Sales Invoice.
Put a ringgit amount on profit and the balance sheet. Maintain Stock Value.

Add stock and Edit stock item create or update a product. They do not create a location, a received note, or a stock report.
There is no wizard for category, price category, item type, location, Product Documents, or inventory reports. Ask “how to…” for those guides.
Do not type “how to add stock” if you want the live wizard. Add stock creates a product, not month-end stock value.

The company plan includes inventory. Premium or Accountant for locations, stock documents, and stock reports. See Company.
Default sales and purchase accounts exist on Account Setup so a new category can copy them.
Stock accounts exist if you will value stock on the books. See the chart of accounts and Maintain Stock Value.