Stock Actions

Perform bulk actions on SKUs in the Warehouse

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Stock Actions

Stock Action: Move

Stock Action: Adjust

Stock Action: Transfer

Stock Action: Load Pallet

Stock Actions - need to know

Stock Actions in the Warehouse manager enable users to:

• Move stock from location(s) to other location(s) in the same warehouse.

• Transfer stock from one warehouse location to another warehouse.

• Load Pallet(s) with stock.

• Adjust stock quantities (a.k.a. Stock Adjustment).

These actions can also be performed from the Barcode scanner.

Stock Action - general convention

1. The result in the 'Stock Action' window can be selected and will be moved to the 'Selected Stock' pane

2. The Qty of Items you want to apply the action to is entered into the Applied Qty field

3. You then apply the action

4. Remember to move or transfer an Item you must have a destination location selected

Move Stock workflow

See Move.

Transfer Stock workflow

See Stock Transfer between local or adjacent warehouses.

Load Pallet workflow

See Load Pallet.

You can create a Pallet in a Location. You can Load a Pallet with stock from Stock displayed in the Stock Detail pane. Pallets can be 'loaded' with Items. You create Pallets in Locations then select the corresponding Pallet so it appears in the Stock Detail pane.

1. Go to the Stock Actions Tab

2. In the Items pane select (fixed highlight) the Item you want to load onto the Pallet

3. The selected Item will appear in the 'Selected Stock' pane

4. In the 'Selected Stock ' pane 'Select' the Item. The selected Item will be displayed in the 'Selected Stock' pane.

5. You can repeat the above steps to specify more Items to load onto the Pallet

6. In Applied Qty field for each Item specify the quantity of Items you want to load onto the Pallet

7. Complete entering the 'Applied Qty'

8. In the Pallets pane select (fixed highlight) the Pallet you want to Load

9. Go to the Items pane and select (fixed highlight) the Item you loaded onto the Pallet

10. OR

11. Go to the Locations pane and select (fixed highlight) the Location of the Pallet

12. Both of the above select actions will display the Pallet and its load in the Stock detail pane (bottom left-hand pane)

13. Click Clear on the 'Selected Stock' pane

Move Pallet workflow

Warehouse management system - Move Pallet workflow - video on hold

Pallets are stored in Locations:

1. Go to the Stock Actions Tab

2. To move a Pallet

3. Find Pallet in the Pallet pane

4. Select Pallet

5. Select destination Location in the Location Pane

6. Click Move

7. The Pallet will appear the destination Location

Adjust Stock workflow

See Adjust stock.

Stock adjustment workflows

There are two types and methods of adjusting the stock. Both cases create a Stock Adjustment in the Accounting (Stock Asset account).

1. Add New Stock to a Location where this stock is not already stored (New Stock, New Location(s))

2. Adjust Stock in a Location where the Stock is already stored (New Stock, Current Location(s).

Add new Stock to a Location

Add New Stock to a Location where this stock is not already stored (New Stock, New Location(s))

1. This type of Stock adjustment is a considered action and a two-stage process.

2. For example, at Location 1/1 add a Qty of new stock 20 x SKU123.

3. Go to the Stock Actions Tab

4. In the Items pane, 'Select' the Stock Item

5. In the 'Locations' pane select the Location where the stock will be stored

6. The Qty in the 'Selected Stock' pane will display a Qty of 0

7. In the Applied Quantity field, enter the quantity of Items you want to adjust e.g. 20

8. Click 'Adjust' on the 'Selected Stock' pane.

9. In the modal box (pop up) add a name or a memo to record the reason

10. The Stock level of SKU123 will be increased by 20.

11. A Stock Adjustment will be created in the Stock Asset account - the default Profit and Loss expense account is set to 'Stock Write Off'. This is the default setting in the main app Setup>Configuration>Accounts>Default Accounts>Stock Adjustment. You can change this default setting OR go to the resulting Stock Adjustment and edit this transaction to select a new account mapping.

12. The Stock Adjustment entry will appear in the Stock Asset Account (In the main app)

13. The Stock Adjustment is editable i.e. the resulting asset value can be manipulated

Adjust existing Stock in a Location

Adjust Stock in a Location where the Stock is already stored (New Stock, Current Location(s))

1. Go to the Stock Actions Tab

2. Select an Item OR Location in their respective panes

3. Select Item(s) displayed in the Stock Detail pane

4. Qty displayed is the current stock level for the respective Item

5. In the 'Applied' Qty field enter the quantity of Items you want to adjust

6. Click 'Adjust' on the 'Selected Stock' pane.

7. In the modal box (pop up) add a name or a memo to record the reason

8. The Stock level of SKU123 will be increased by 20.

9. A Stock Adjustment will be created in the Stock Asset account

10. The Stock Adjustment entry will appear in the Stock Asset Account (In the main app)

11. The Stock Adjustment is editable i.e. the resulting asset value can be manipulated