Incorrect Inventory totals
Hi we are having problems with our inventory being out time and time again. Does anyone else have this issue and if so what have you done to fix it??? Its so frustrating as we dont purchase loc...
Forum Discussion
Hi Mike, Thanks for your reply, please see attached copies of one of the many items with incorrect quantity values. Actual stock on the shelf is 2
I import and have long waiting times. I upload the stock to the system via the import function, and import it as an order. You can still allocate a payment to the supplier. When the stock arrives I convert to Bill.
I account for the freight + tax with separate bill, once again uploaded via import. You apply the freight + tax amount to the product. But you have separate line item that minuses the inventory, with a zero value. So there is no inventory qty affected, just the value.
If I have any variances eg short supply, I will create another bill and do the adjustments with that.
Been using this method for years and it has been rock solid.
For reporting I use my.bi4cloud.com - it is browser based and way more flexible than MYOB reporting eg you aren't restricted with date ranges like you are on some MYOB reports. It is only $44/month but just so much easier to interface with excel.