Entering Initial Data
Via warehouse movements, you can enter:
Opening balances for articles
Stock intake when goods are not purchased with a purchase invoice
Finished goods intake
Raw material consumption
Inventory differences
Internal use (outgoing movement)
💡 Menu: “Stock → Stock Transactions → New Stock Transaction”
📌 On an inventory movement line, the quantity cannot be negative. The quantity is always entered as a positive number, and the direction of the goods movement is determined by the movement type:
Expense – the system deducts the item quantity from stock.
Incoming – the system brings the item quantity into stock.
Purchase Transactions
Purchases of stock items are entered via a purchase invoice:
Menu: “Purchase → Bills”
On the article line, select article type “Stock Item (SI)”
💡 When you use a “Stock Item” type on a purchase invoice → the item is immediately recorded as warehouse income.
Sales Transactions
Sales of stock items are entered via a sales invoice:
Menu: “Sales → Invoices”
On the article line, select article type “Stock Item (SI)”
💡 When you use a “Stock Item” type on a sales invoice → the system automatically records the item as warehouse expense.
Cost Price and FIFO Method
The cost of stock items is calculated using the FIFO (First In, First Out) method.
To ensure accurate warehouse accounting:
Create a separate article for each stock item
Be sure to set the article type as “Stock Item”
Enter the correct quantities in all transactions
💡FIFO (First In, First Out) is a stock accounting principle that assumes:
👉 Items that arrive first in the warehouse will also be the first to leave.
🧾 Example:
If you purchase the same product in two batches:
January: 10 pcs at €5/each
January: 10 pcs at €6/each
And you sell 15 pcs, then:
According to FIFO, the first 10 pcs are sold at €5
The remaining 5 pcs are sold at €6