Difference between revisions of "What is free stock?"

From Catalyst
Jump to: navigation, search
m (Les Ward moved page What is Free Stock? to What is free stock?: Lower case (except for Platinum menu options))
 
(2 intermediate revisions by 2 users not shown)
Line 1: Line 1:
 
== Summary ==
 
== Summary ==
Free stock, also known as Available Stock, is displayed to show the quantity available to sell after any current demands on the item have been met.
+
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 ==
You will see a Free Stock value in all of the screens in Platinum where you are adding a stock item for sale, e.g. when adding an item to a Workshop [[How do I add parts to a workshop job?|Jobcard]], to a [[Selling stock in Invoicing and Customer Orders|counter]] sale etc.
+
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}}
 
=== Counter Invoicing ===
 
The free stock value displayed in both [[Selling stock in Invoicing and Customer Orders|Invoicing and Customer Orders]] and [[Selling Stock at Point of Sale|Point of Sale]] uses the above formula but also takes into account any items that have been left on screen in Invoicing and Customer Orders.
 
* To view these items go to {{Menu|{{ST}}|Invoicing & Customer Orders}}.
 
* At {{DataPrompt|Customer}} press {{KeyPress|F4}} - Account Summary.
 
* See [[What does the Account Summary Screen Show?]].
 
  
 
== Checking Free Stock ==
 
== Checking Free Stock ==
Line 20: Line 14:
 
== 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?]]
Line 25: Line 20:
 
* [[Processing a Sales Order]]
 
* [[Processing a Sales Order]]
  
{{KB_Tags|free stock, available stock, depot quantity, qty, free, on order, account summary}}
+
{{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


Feedback
Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'
Keywords AND Misspellings
free stock, depot quantity, qty, free, on order, account summary