Stock Status

Definition of Terms

Warehouse-Location of the stock.

Example:

General Store

Showroom

Warehouses

Main Office

Qty in Hand-Total current quantity in warehouse

Qty Available-Available quantity for order

On Back Order-quantity that are labeled “future stock”.

Allocated to costumer

On Delivery

On Purchase Order

goods in

On P.O Return

On Transfer-In

On Transfer-Out - Allocated to Assembly - Kitted to Two Company - On Work order - Work in Progress**