Overview
This guide explains how to perform a stock-take in Fincon Accounting.
Before starting the process of performing a stock-take, one important question has to be answered:
Do you plan on performing a manual or a scanned stock-take?
What is the difference?
Manual Stock-take
A manual stock-take involves manually entering the stock counts for each item on the stock-take list, if any.
Scanned Stock-take
A scanned stock-take involves scanning (or entering) the serial numbers, barcodes and/or item numbers of the counted items. This kind of stock-take also involves using a different window than that of the Manual Stock-take
If you have serial numbers, it is recommended that you make use of a scanned stock-take as it offers you the ability to see which serial numbers have not been scanned, and continue monitoring your items on a serial number level.
Now that you know what kind of stock-take you want to perform, let’s see about how to get that done.
Manual Stock-take
When performing a manual stock-take, the steps you need to follow are:
- Create a stock-take list.
- Print the stock-take list, (this is optional but can help your staff with the counting process)
- Enter the counted quantities.
- View the discrepancy report.
- Update the stock-take.
Read this guide to see how to perform these steps.
Scanned Stock-take
When performing a scanned stock-take, the steps you need to follow are:
- Create a stock-take list.
- Scan (or enter) the items as you count them.
- Validate the scan file.
- View the serial numbers not scanned and write them off if required.
- Update the scanned stock-take list.
- View the discrepancy report.
- Update the stock-take.
Step 5 should NOT be confused with the Stock Take Update.
Read this guide to see how to perform these steps.