Stock Status

Definition of Terms

Warehouse-Location of the stock.

Example:
General Store
Showroom
Warehouses
Main Office

Qty Available-Available quantity for order

Qty in Hand-Total current quantity in warehouse

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

Allocated to costumer-After Costumer Orderis confirmed.

On Delivery-After Delivery Order is confirmed.

On Purchase Order- After creating Purchase Orderthe quantity will be added to this column.

goods in- Transfer Orderafter clicking create GRN

On P.O Return-For Returned Items.

On Transfer-In-the quantity will add in the receiving warehouse.

On Transfer-Out-the quantity will deduct from the issuing warehouse.

- - Allocated to AssemblyFor Manufacturing Module

- - Kitted to Two CompanyFor Manufacturing Module

- - On Work orderFor Manufacturing Module

- - Work in ProgressFor Manufacturing Module