Setup
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Define multiple stores like central store, housekeeping store, maintenance store to manage stock
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Define multiple departments like, kitchen, bar, restaurant, housekeeping, maintenance, front desk etc.
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Define unlimited store items along with classification and unit of measure
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Link inventory items to store and department
Request Approval
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Request raised from department to store for the items with quantity
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Authorized person approves request with amendments in quantity
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Store receives request, verifies the stock
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Store raises purchase order based on request and stock at store
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Authorized person approves order sent to vender
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Material received at store, quantity, rate verified against PO at store
Manage Transaction Movement
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Purchase & Purchase Return
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Issue & Issue Return
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Stock Transfer Store to Store
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Stock Transfer Department to Department
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Salvage & Spoilage at Store & Department
Physical Stock Verification
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Take periodically physical stock
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Enter physical stock into system, generate variance report with value
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Stock variance report can be generate for each store and departments
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Option to ‘synchronize’ physical stock with system stock
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Generate adjustment entries by system to adjust stock
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Physical stock will be carry forwarded as opening stock
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Analyze overall stock various for the year.
Managing Stock
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Define stock level parameters like
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Define stock valuation method like 'moving-average', FIFO or LIFO
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Periodical physical stock verification
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Manage stock at department level
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No discount allow after final bill printing
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Stock issued from store to department will increase stock at respected department automatically
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Based on recipe, system will reduce the stock at department
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System allows salvage, spoilage at department to update the stock