Difference between revisions of "What is free stock?"
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== Summary == | == Summary == | ||
| − | Free stock | + | Free stock is the expected future quantity of a stock item; taking into account any current demands to supply the item to customers and any expected incoming orders of the item. |
== More Information == | == More Information == | ||
| − | + | Free Stock is most useful when considering the need to order stock. | |
The standard calculation being applied is: | The standard calculation being applied is: | ||
{{Example|text=Current Stock Quantity - Quantity on Sales Order + Quantity on Purchase Order}} | {{Example|text=Current Stock Quantity - Quantity on Sales Order + Quantity on Purchase Order}} | ||
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== Checking Free Stock == | == Checking Free Stock == | ||
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== See also == | == See also == | ||
| + | * [[What is available stock?]] | ||
* [[Using Stock Enquiries]] | * [[Using Stock Enquiries]] | ||
* [[What does the Account Summary Screen Show?]] | * [[What does the Account Summary Screen Show?]] | ||
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* [[Processing a Sales Order]] | * [[Processing a Sales Order]] | ||
| − | {{KB_Tags|free | + | {{KB_Tags|free stock, depot quantity, qty, free, on order, account summary}} |
{{Guide}}{{Hint}}{{KB_ST}} | {{Guide}}{{Hint}}{{KB_ST}} | ||
Latest revision as of 13:21, 30 April 2019
Summary
Free stock is the expected future quantity of a stock item; taking into account any current demands to supply the item to customers and any expected incoming orders of the item.
More Information
Free Stock is most useful when considering the need to order stock.
The standard calculation being applied is:
 | Current Stock Quantity - Quantity on Sales Order + Quantity on Purchase Order |
Checking Free Stock
Stock Enquiries can be used to view outstanding orders.
See also
- What is available stock?
- Using Stock Enquiries
- What does the Account Summary Screen Show?
- Processing a Purchase Order
- Processing a Sales Order
