Inventory Introduction?

Inventory refers to the collection of goods, products, or materials that a business holds in stock for the purpose of resale, production, or future use.

In Upscale,the Inventory section can be found in the 'Inventory' module.

Navigating Inventory (Products & Services)

The Inventory module has four sections that include:

• Inventory Items

  Inventory Items refer to the goods or services that are central to your business operations and tracked within your system. They include four main types — Inventory, Non-Inventory, Service, and Bundle. Inventory items can be physical products you buy and sell, materials you use without tracking quantities, services you provide to customers, or bundled offerings that combine multiple products and services into one.

• Item Groups

  An item group is a classification or category used to put related or comparable products or commodities together. Item groups can help you manage many items easily as a group. An example could be 'Electronics' or 'Beverages'

• Stock Adjustments

  It is possible for the amount or value of your things to fluctuate without resulting in any sales or purchases. This could be due to accidents or damages during shipping and any other causes. Upscale is able to accommodate these changes using Stock Adjustment.

• Stock Transfers

  Stock transfers are the movement of goods/stock from one location to another. This could be from one warehouse to another, from one store to another, or from one branch to another.