Can I run more than one warehouse?

Yes. Each warehouse belongs to a company and a branch: a main store, a shop or a site store. Stock moves between them with a transfer, and each one shows what it holds.

Which valuation methods does it support?

FIFO, weighted average and standard cost, chosen for each item category. Choose before your first stock movement: once stock has moved, the method stays, so past values never change.

Can I stop stock going negative?

Yes. An issue that would take stock below zero is refused. If your business needs it, you can allow negative stock down to a limit you set.

Does it track batches and expiry dates?

Yes, for the items that need it. A watchlist shows batches close to expiry, and you can block expired stock from going out at all, with no override.

How do we bring in our opening stock?

From a spreadsheet, with a quantity and a value on each line. Every line is checked first, and the stock goes in all at once or not at all, so the stock report and your books never disagree.

Inventory Management Software

Does your stock look like this?

be honest

The system says 40. The shelf says 31.
Nobody knows which is right, so someone counts by hand and the books get a guess.
Stock value is a year-end guess.
The accounts carry one number for stock, and nobody can say where it came from when the auditor asks.
A batch expires on the shelf.
Or worse, it goes out in an order, because the date was on a label and not in the system.

Inventory you can trust: follow 100 boxes of stock.

SupplierMain warehouse

100boxes

100 boxes arrive from the supplier. They are counted once, into the main warehouse.

WHERE THE 100 BOXES ARE NOW

Main warehouse100
City branch0
Sold0
Damaged0

100 + 0 + 0 + 0 = 100 boxesnothing goes missing

Your stock is worth

120,000

100 boxes on hand × 1,200

STOCK MOVEMENT LOG

#1Supplier → Main warehouse+ 100

More than counting boxes.

What happens around every movement, so the count stays right.

Valued as it moves

Every receipt and issue carries a value as well as a quantity, at FIFO, weighted average or standard cost, chosen for each item category.

Stock that agrees with the books

Each movement posts to your accounts by itself. At month end, the stock value is checked against the ledger before the month can close.

Batches, serials and expiry

Track a batch with its expiry date, or each unit by its serial number. Expired stock can be blocked from leaving the warehouse.

Stock on the road, counted once

Stock sent to another warehouse shows as in transit until the other side confirms it arrived, so it is never counted twice or lost in between.

Counts on the floor

Scan and count on a phone as you walk the aisles. Counts made without signal send when you are back online, and any difference becomes an adjustment, approved before it changes the books.

Reorder levels and stock ageing

Get a note when an item drops below its reorder level, and see how long stock has sat on the shelf, by the date it arrived.

Works with the rest of PrimoERP.

PurchaseGoods received against an order go straight into stock.Read more Sales and invoicingThe invoice takes what was sold out of stock by itself.Read more ManufacturingRaw materials issued to work orders, finished goods back into stock.Read more AccountingEvery stock movement is an entry in the same books.Read more GST and e-way bills in IndiaGST on every invoice, and e-way bills made when goods are dispatched.Read more

Inventory questions people ask us.

1.

What is inventory management software?

Software that records what stock you have, where it is, what it is worth, and every movement that changed those answers. In PrimoERP it shares one system with purchase, sales and your accounts, so a stock move is also an accounting entry.

— the PrimoERP team

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