The simple stock management enables to track your inventory with a stock level in each product form that is decreasing after sales.
Unlike full stock management, there is no tracking of the quantities you are receiving through stock orders.
At the top of each product form, you will find an 'Inventory' field to enter or modify the stock available on the product.
With a simple inventory management, you can continue to sell the product even if it is out of stock. The stock level can be negative.
The simple inventory management is recommended for activities with perishable products, or businesses that do not want a too strict inventory management tool.
You can value your inventory in 'Reports/Inventory'. The valuation will be done on supply prices populated in product forms.
You can only value your inventory at the present time. It is not possible to value your inventory at a past date as we don't track your supply orders.
On request, we can switch all your products to the full stock management. More information.