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Petrol Pump Management Software

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ArtRM.com
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Disclaimer

Opening Inventory


System does not allow to enter sales transaction unless the stock for the product is available in the system or the item is configured as Service item or configured as "do not maintain inventory". To allow product to sale, first the product needs to be procured using Stock-In / Purchase using Delivery Challan or alternatively, user can also Enter Opening stock for the product with details of stock lying in different Warehouse.

Click on "Update Inventory" option to enter opening stock for the products from Inventory Menu as shown in (Fig. 1.46) below.

(Fig 1.46)

On Clicking on "Opening Inventory", the following data entry screen is displayed.

(Fig 1.47)

a) Move mouse pointer to Item search box and type the name of Product for which stock details you want to enter or click on Item name from item grid.

b) After clicking item name the same item name is highlighted in yellow colour and item name is displayed with the message Currently Selected shown in screen before entering the stock.

c) Opening stock : Then enter opening stock quantity in Opening stock text box

d) Selling price : If you have already entered the price through Fuel Item Pricing Module then the Selling price will automatically be displayed and if left blank the user need to enter Selling price in Selling Price text box.

e) Purchase price : If you know the purchase price then enter or enter 0 value. This is necessary as system keeps track of prices being entered at different stage and used in various report.

f) Warehouse : Select the warehouse in which the stock is lying. In above example 2 qty. / pcs being entered in Office cabin will be entered with the stock of Duster already lying in Godown (Loft) is 75 Nos. as shown in the right hand side grid in fig(1.47) above.

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