Stock Entry

A Stock Entry is a document used to record the movement of items in or out of your stock. It helps manage inventory changes for various purposes like manufacturing, material transfer, or adjustments.

Types of Stock Entries:

1. Material Issue: To remove materials from stock, e.g., for production or consumption.
2. Material Receipt: To add new materials into stock, e.g., from returns or unexpected receipts.
3. Material Transfer: To move items between warehouses or locations.
4. Manufacture: To record the conversion of raw materials into finished goods.
5. Repack:To repackage items or change their packaging.
6. Disassembly:To break down a product into components and return them to stock.

How to Create a Stock Entry :

1. Go to the Stock Entry list, click on New.
2. Select the Stock Entry Purpose from the ones listed above.
3. If you set the Default Source or Target Warehouses, they'll be automatically filled for the rows in the Items table.
4. Source/Target Warehouses will be available as per the Stock Entry Purpose you selected.
5. Select Items and enter a quantity.
6. The basic rate will be fetched and the amount will be calculated automatically.
7. Save and submit.

Key Details in a Stock Entry:

1. Item Code: The product being moved.
2. Quantity: The amount being added, removed, or transferred.
3. Source and Target Warehouses: The origin and destination of the stock (if applicable).
4. Purpose: The reason for the stock movement (e.g., manufacturing, transfer).
5. Valuation: Updates the value of stock based on costs and entries.

Purpose of Stock Entry:

• To maintain accurate inventory records.
• To track material usage and availability.
• To manage inventory for production, repairs, or adjustments.