Inventory and stock
The valuation method is set by the legal entity’s accounting policy and does not change within a period. Without it the cost of write-offs is undefined, so neither gross profit nor inventory on the balance sheet can be calculated.
Plan From the “Company” plan.
What is inside
- FIFO batch accounting, warehouses, units of measure, reserves for orders
- Receipt, write-off, transfer, warehouse orders
- Stock counts with surpluses, shortages and responsible persons
- Kitting and unkitting, regrading, natural loss norms
- Inventory impairment allowance, batch expiry control
- Workwear with wear periods and issue to employees
- Returnable packaging, transfers between your own legal entities
- Strict reporting forms by number, import of items and balances
Limits
Bin-level storage and picker routes belong to a warehouse management system and are not part of the books.
Frequently asked questions
Can I move goods between my own companies?
Yes, a transfer between legal entities of one organization is recorded with a single document with postings on both sides.
How are goods with an expiring shelf life handled?
Batches with an expiry date are shown in a separate report, and an impairment allowance is created for them.
Use cases with this feature
One account for several countriesEach legal entity has its own country profile, rates from five national banks, transfers between companies.A shop with marked goods and alcoholRetail at sales prices, external cash register receipts, EGAIS and product marking in one set of books.Product cost without spreadsheetsBills of materials, overhead allocation and actual cost at month close.Commission trade and tollingBoth sides of the deal: principal and commission agent, tolling customer and processor, reports and the intermediary log.
Other features
Start with a bank statement
Upload last month’s statement and see your cash flow before setting anything up. If you need to move from 1C or work in several countries, we will show it on your data.