Stock Reconciliation is the process of matching the physical stock in your store or warehouse with the stock recorded in your system.
It helps reconcile stock mismatches caused by data entry errors, damage, or sales returns that were not recorded.
When to Perform Stock Reconciliation
You can perform stock reconciliation:
- When the system and physical stock differ.
- After the physical count and stock audit to correct mismatches.
- At the end of the month or year to confirm inventory balance.
Getting Started
Who Can Access Stock Reconciliation?
Admin can access stock reconciliation, and a sub-user can if granted permission by the admin.
Who Can Create Stock Reconciliation?
Both admin and sub-user can create stock reconciliation.
Who Can Submit Stock Reconciliation?
Only an admin can submit stock reconciliation, but a sub-user can create and wait for admin approval.