How to make an Opening Stock Entry in RetailEasy on-cloud?
RetailEasy on-cloud has provisions for both bulk and individual Opening Stock Entries. In RetailEasy on-cloud, Stock updates are done to inventory through Purchase Invoice, Opening Stock Entry, Stock Update Entry with respect to scenarios.
Benefits of Opening Stock Entry:
The Opening Stock Entry is done when the stock in the store needs to be added to the inventory fleeing the Purchase Invoice. Also, Opening Stock Entries are used to load the opening stock of the store when the user is starting to use RetailEasy on-cloud for the first time.
How to make Opening Stock Entry?
Step 1: In the main tab of RetailEasy on-cloud, click on Inventory > Opening Stock Entry
Step 2: In the Opening Stock Entry screen, press Enter on the Code field and select the Item from the Item List pop-up
Step 3: The Item list pop-up displays the stock count of the respective Items
RetailEasy on-cloud auto-fills the Item Description
In the Qty field, enter the Opening Stock value. The Opening Stock value will be added to the existing stock count.
Enter the Cost Price, Landing Cost, Sell Price, MRP, Disc%, Disc Amount, GST%, GST TaxAmt, Supplier, in the respective fields
Press Enter on the Supplier field to select the Supplier from the Supplier List pop-up
Enter the Scheme Disc%, Scheme Amt, Scheme Others and RetailEasy on-cloud auto-fills the Net Amount
Step 4: Click on Save
Note: Click the buttons on the bottom right corner or press the corresponding Function keys
View - To View previous Opening stock entries with date
Print - To Print the Opening Stock Entry as bill
Clear - To Clear the Opening Stock Entry screen
Close - To Close the Opening Stock Entry screen
RetailEasy on-cloud has necessity-specific stock updating features and Opening Stock Update Entry is one of them. The Stocks that aren't imported to the Inventory via Purchase Invoices are loaded using the Opening Stock Entry.
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