Stock Movement

One of the main advantages of ProEPOS over a conventional till is that if used correctly, it can accurately track your stock levels. Knowing how much you have of each stock line the system can:

• Generate stock lists.
• Generate a "low stock" ordering report.
• Generate suggested purchase orders (in conjunction with recent sales data).
• Calculate the value of your stock.
• Help you to manage stock loss.

So far we have seen how to add new stock lines onto the system and set them up with an initial / opening stock level. We've also seen how the EPOS terminal will automatically increment and decrement stock levels as transactions are processed.

Of course there are times during the running of your business when stock levels will need to change, other than at the point-of-sale:

• When a delivery of stock is received.
• When excess / faulty stock is returned to a supplier.
• When stock is lost due to theft.

The first two of these are catered for by the "receive" and "transfer" stock processes. The other is catered for by the adjustments made during stock taking. We will look at each of these in turn.

Throughout this section you will find recommendations on the best practices to ensure that your system's stock levels remain accurate. Bear these in mind whenever you can.

Remember that by keeping the system's stock levels accurate you can be more reliant on the reports it generates.