Stock Management - Tracking Inventory Levels
Complete guide to managing stock levels, updating quantities, and keeping track of your inventory in real-time.
Effective stock management ensures you always have the right products available. Learn how to track, adjust, and manage your inventory levels in Tracksales.
1. Viewing Stock Levels
Monitor your inventory:
- Go to Inventory to see all products
- View current stock quantity for each product
- Check stock value and total inventory worth
- Filter by low stock, out of stock, or all products
2. Automatic Stock Updates
Stock levels update automatically when:
- You make a sale through Point of Sale
- An invoice is created and marked as paid
- You record a purchase or stock receipt
- You process a return or refund
This ensures your inventory is always accurate in real-time.
3. Manual Stock Adjustments
Sometimes you need to manually adjust stock:
- Go to the product you want to adjust
- Click "Adjust Stock"
- Enter the adjustment amount (positive to add, negative to remove)
- Select reason (Damaged, Found, Counted, etc.)
- Add notes if needed
- Save the adjustment
4. Stock Transfer (Multi-Location)
If you have multiple locations:
- Transfer stock between locations
- Track inventory at each location separately
- View consolidated inventory reports
- Set location-specific reorder points
5. Stock History
Track all stock movements:
- View complete history of stock changes
- See who made adjustments and when
- Track reasons for adjustments
- Export stock history for auditing
6. Stock Valuation
Understand your inventory value:
- View total inventory value at cost
- See potential revenue value at selling price
- Track inventory turnover
- Generate stock valuation reports
💡 Pro Tip
Conduct regular stock counts to ensure accuracy. Compare physical counts with system records and make adjustments as needed. This helps identify discrepancies early.
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