Stock Adjustments Archives - Splendid Accounts

Activity Log

Zeeshan Riaz — Tue, 23 Nov 2021 06:22:01 +0000

Activity Log

Activity log tab is displayed at the end of every field present in side menu and setup menu. By clicking on show button, user can see details of every entry and transaction done by user. These details are also displayed in audit log report. This report can be accessed from reports menu by company admin only.

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Inventory Management

Zeeshan Riaz — Thu, 02 Sep 2021 05:33:16 +0000

Inventory Management

Overview

You can use an inventory adjustment to increase or decrease the quantity on hand for a tracked inventory item or revalue the item. Adjust multiple inventory items at the same time by entering a purchase bill or credit note.

Stock adjustments

If you need to update the quantity on hand, average cost, or the total value of a tracked inventory item, you can enter an adjustment. You might need to enter an adjustment following a stock take, to write off an item (e.g. for damaged goods), or where a normal sale or purchase transaction isn’t suitable. These are the adjustments types you can make are:

Opening: increases the current quantity on hand of the item, and adjusts its total value using either the current average cost or the cost price you enter in the adjustment.
Loss or Theft: Those stock that lost will also be added from the warehouse
Break: Those stocks which break by mishap can be decreased.
Expire: You can certainly adjust the amount of inventory you have on hand, to reflect any items that may have expired. Once you have an accurate idea of your current stock, you can use an Inventory Quantity Adjustment to record any shrinkage that may have occurred
Add Quick/Scan Product: You can also Scan your multiple products directly from the Barcode scanner or enter a product name or Product number through the Add Quick product box.

Adjustments Types:

There are some preliminary steps you need to take before you can start using tracked inventory.
You’ll need to ensure you have inventory accounts set up in your chart of accounts and that you have marked your inventory items as tracked.
Before you can import opening balances for your tracked items, you’ll need to decide on a tracked inventory start date.
You need to have the Adviser or Standard user role to access inventory items

Track Your Inventory:

When you track your inventory, Splendid Accounts records the quantities of inventory items you have available to sell. If you need to set stock levels when you start tracking your inventory, you can import your opening balances. Stock levels will increase and decrease as you buy and sell these items, or if you adjust an item’s balance. Splendid Accounts calculates the value of the items you have on hand and includes this on the balance sheet report. As you trade items, the inventory balance updates. When a sale happens, the value is recorded as the cost of goods sold.

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Comments and Attachments

Zeeshan Riaz — Tue, 31 Aug 2021 10:53:08 +0000

Comments and Attachments

Enter as much text as you’d like to add notes for any transactional documents.
Add an attachment or browse the file you can add in the document, not more than 5 MB file. File type are(jpg,jpeg,png,docs,xlxs,xls,csv)

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Make a Copy

Zeeshan Riaz — Tue, 31 Aug 2021 10:49:27 +0000

Make a Copy

Generate a copy of the same transaction in the current date.
Copy transaction converts into a new document as Draft status, you can change the fields as per requirement.

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Revise/ Edit Transaction

Zeeshan Riaz — Tue, 31 Aug 2021 10:45:07 +0000

Revise/ Edit Transaction

If you have missed or want to change the transaction detailed you can easily revise the approved transaction and edit as per your requirement.

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How Document PDF’s Work

Zeeshan Riaz — Tue, 31 Aug 2021 10:37:31 +0000

How Document PDF’s Work

Overview

The information on a document, PDF is generated from what you’ve entered in your document.

The following information may show on your document PDF if you’ve updated your Vendor/Customer contact details and company details in Splendid Accounts.

Title: The default titles is Document name with your company name and Company Logo.
Contact Details: These details are based on Vendor/Customer information in Splendid Accounts. If you have entered the vendor/customer address, phone number, NTN and CNIC in information, it also is shown underneath the company information in PDF.
Logo: If you have added your company logo, it will also display in the left top corner of the PDF.
Dates,Proposed number, Reference: These field displays also displays in transaction document PSF’s.
Company address: If you have added your address, phone number, company NTN, and STN in company information under company setting will also display the right top corner of the PDF.

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User Roles Security

Zeeshan Riaz — Tue, 31 Aug 2021 10:32:04 +0000

User Security Role

For approving the transactions, make sure you have the complete rights of the desired section such as the admin role or manager role,the assistant role is not eligible to approve the transactions directly, but it have only forward the transactions to his immediate manager for approval. Roles implementation can be viewed under the user’s list at the setup menu.

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