![]() ![]() Choose the origin of the stock in From, and the destination of the stock with To. Available stock is known as Inventory, and any Warehouses you’ve set up appear here. Under the status section, there are menus for the origin and destination of the Product. The Transfer Inventory window lists the current status of inventory and Orders for the Product. In the profile of a Product, go to the Inventory tab and click the Transfer button. Transfers to a WarehouseĪfter you set up a warehouse you can transfer stock from your inventory to it. You can set up Warehouses for your RMA inventory, store demos, damaged products, or a locked stockroom that is inaccessible by sales staff. To set up your warehouses, go to Tools > Setup > Products > Warehouses. Lightspeed can have up to ten virtual warehouses, where you can track stock that exists in your store but that you do not want to display as part of your available inventory. ![]() Importing inventory: import information using the OnSite Import Tool.A Count Inventory event or a received PO gives you a bigger picture later on if a large number of products must have their quantities modified. For example, if you find an extra three items that were forgotten behind a shelf, an individual adjustment can be made, with an appropriate note. This is not recommended for setting your initial inventory levels, and should be used only for modifying individual or small batches of products that have little or no origin information. It is important to remember, however, that you cannot modify the costs of inventory adjustments (done individually or by a batch import) after they have been completed. Inventory adjustments: This method is time-consuming method but you can enter notes for each product for later reference.By receiving inventory on POs, you have an easily accessible record of your inventory count, the location of each product, and a simple way of recording the serialized products. Purchase orders: Add products to one or more purchase orders, and then receive the quantities into your inventory.Count Inventory: enables you to move through your store with a barcode scanner and take a physical count of your inventory.The Product card enables you to scan a Product's purchase history and set reorder points to insure you are not caught short without key items. The Reporting module gives you access to overviews of inventory valuations and inventory counts. Available stock can be transferred to one of ten virtual warehouses to represent stockpiles that are in your possession but you do not want displayed as available. Both the Browser and the Point of Sale screens use color coded inventory statuses so that you can see at a glance where your inventory is, and whether a Product is expected for Stock or a Customer Order. ![]() Lightspeed has useful tools that help you adjust, track and organize your inventory. Although you can modify the costs of a generic product on purchase orders and invoices, creating individual product cards for the products you receive and sell gives you greater flexibility and accuracy for sales reports. We recommend that you create product cards with accurate costs for the products you're receiving, and that you use the product on the purchase order when you receive stock into inventory. This enables you to generate more accurate sales and inventory reports. This enables you to create an invoice for a customer that you can later edit by replacing the generic product with the correct information. In cases when you receive and sell a product before you can enter it into OnSite, you can create a generic product with an editable selling price and description. Receiving the products onto a Purchase Order as they arrive makes it easier to keep track of your inventory and its value. If you order products through a catalog or at tradeshows, before you enter the orders in OnSite, it is important that you transcribe the orders onto POs before they arrive and you put them on your sales floor. Depending on how much information a business needs to track for profit and inventory control, these workflow considerations can be useful for clothing stores when deciding on their OnSite workflow. Stores will also often order an item only once. ![]() A typical clothing store does not process backorders, and often orders products directly from suppliers before creating a purchase order in OnSite. ![]()
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