Stock Transfer This is the Entry made by the stores department on transfer of goods from one store to the Full Article…
Stock Valuation Example
The following simple illustration will help in explaining various methods of stock valuation. Consider the following (simplified) transactions for the Full Article…
STOCK ADJUSTMENT
Stock Adjustment This is the Entry made by the stores Department to adjust any discrepancy between the physical stock and Full Article…
Item Master
Item Master Items are the materials which are bought and sold. Those are the base components of your purchase Full Article…
Opening Stock Entry
Opening Stock Entry This is the Entry made by stores department to record the opening balances of inventory. This is Full Article…
Item Category
CATEGORY This option is used to create Item Categories. This may be considered as one above the Item Sub Full Article…
Bill of Material (BOM) Overview
Bill of Material (BOM) refers to the details of materials that are required to produce a product. GoodBooks BOM supports Full Article…
Item Sub Category
SUB-CATEGORY This option is used to create Item Sub Categories. This may be considered as one below the Item Full Article…
Item Model
ITEM MODEL MASTER A model is a particular brand of product sold under a marque by a manufacturer, usually within Full Article…
Item Brand
Brand Master A brand is a name or term or any other feature that identifies one seller’s good or service Full Article…