Inventory by batch, lot and bin location

What is inside

1. 01

   FIFO or average, by accounting policy

   The accounting policy sets the valuation method from a chosen date: FIFO or monthly weighted average. A batch keeps its FIFO age even after a transfer between warehouses, and markdowns and markups apply to a specific batch. The system does not post a document that would take stock below zero.

   Screen W1Inventory balance statement with issues by movement type

2. 02

   Warehouse orders from a set date, per warehouse

   The warehouse order scheme is switched on from a date for each warehouse separately. Orders cover receiving, shipping and adjustments, and you choose the sequence: “order first” or “invoice first”. Operational stock by bin is kept apart from book stock, and a report shows the difference between them.

   Screen W3Operational stock by bin next to book stock

3. 03

   Bin locations with reasons

   The system generates putaway, picking and move tasks on its own. It chooses bins by putaway rules, storage areas and size classes, taking weight and volume into account. When a putaway fails, the system says why. Lots with a shelf life are picked so that the ones expiring soonest go first.

   Screen W2Storekeeper tasks for putaway and picking

4. 04

   Variants, lots and packaging

   Stock and cost are kept separately by variant, such as colour and size, and by lot. Lots follow one of six tracking policies, including lot-level costing. Packaging forms a chain of box → pack → pallet: the system calculates the factor, and the document line keeps its value as of entry.

   Screen W5Package set with the packaging chain and factors

5. 05

   Stock counts closed to the last variance

   A stock count captures book quantity together with variant and lot. Write-off and surplus documents are created from the variances, and the system tracks that every variance is closed.

6. 06

   Items and official classifiers

   Items sit in a folder tree, and the item type sets a settings template. Accounts are filled in by a cascade: item card → type → financial accounting group. UKT ZED and DKPP codes are picked from the official classifier. The system checks the source for updates daily and keeps previous editions, and the chosen code carries over to the VAT invoice (tax invoice).

   Screen W4Item card with a UKT ZED code search in the classifier