What Are Available stock & Current Stock (New Vers.)

What Are Available stock & Current Stock (New Vers.)

Available Stock – The amount of stock you can sell. In simple terms, it's the stock on hand that is ready to be sold to customers. 

Current Stock – The total stock remaining in the warehouse, including stock that hasn’t been delivered to customers yet.

For example, if you are selling sofa. In the beginning, 1 January 2021 you have:

Available Stock: 5 

Current Stock: 5 

On 3 January, a customer bought 1 sofa from you and you issued an invoice to him/her. The available stock will be reduced 1 on this day, but the current stock will still remain as 5. On 5 January, you issued the delivery order and delivered the sofa to your customer. Then, the current stock will reduce 1 on this day. Therefore, you can exactly track how much stock you have and more accurately.

1. To ensure that the Delivery Order feature is enabled to experience available and current stock calculation, click on Settings

(To learn more about Delivery Orders, please refer to How to create a Delivery Order)

2. Click on Delivery Orders

3. Click on Preference

4. Click on Enabled

5. Click on Products/Services and select 'Products/Services'

6. Click on an item

7. You can view the Available Quantity

8. You can view the Current Stock

9. To view this more in detail, Click on Inventory Logs

10. Click on the settings button

11. Filter the Available Stock

12. Available stock displayed

13. Filter the Current Stock

14. Current stock displayed

15. To learn how to sell without stock, please refer to How to Sell Without Stock