Overview - Stock Taking
This function involves physically verifying and reconciling the quantities of product present in a company's stock against the recorded quantities in the system.
Not taking stock regularly may lead to the following problems:
- Stockouts (running out of items to sell)
- Overstocking (having too many products on hand)
- Deadstock (when your products become obsolete and cannot be sold)
Steps to follow Before, During and After Stock Taking
Before Stock Take (After counting physical product in your warehouse)
- Navigate to Stock Taking
- Select location (if you have multiple locations)
- Select date
- Click on New Stock Taking
During Stock taking (Before entering the physical quantities for all products)
- Select all the Adjustments Accounts: a. Write-On Accounts b. Write-Off Accounts
- Search Product
- Enter Physical Quantity
- Click Enter
- Continue to enter the physical quantities of all products
- Save.
After Stock Taking (After you have entered the physical quantities in the system)
- Navigate to Stock taking page
- Identify the recent stock-take
- Click More
- Select Adjust Stock
![](/assets/Stock_take_adjust.DSBcugA5.png)
- Click on More again
- Select Effect Adjustment
![](/assets/effect_adjustment.Dj5uUqWU.png)
- Navigate to Inventory List to confirm if stock is updated