4.5. Establishing Stock

For many businesses entering your stock lines will be the most time-consuming task. For this reason we are covering this topic now as you may find it necessary to enter stock items a little at a time - as time permits. Even though you can enter stock items while invoicing, this slows invoicing down. We advise that at least your most commonly invoiced items are entered into your stock file before you start using the system.

What do we mean by `Stock'? Stock is anything you sell or charge. In other accounting packages it is sometimes referred to as Inventory. It can be something physical, such as computer software, or a service. Each stock item is given a code that can be up to 15 characters long. That's a lot of characters, but if you have many stock lines you may need all of these to differentiate between them. A word of caution, though. Try to keep your stock codes as short as possible as they will be easier to remember.

Adding stock items is a relatively simple procedure that is covered very well in the Stock control module section of this manual. Refer to Add New Stock Item for detailed information on adding stock.