Inventory Accounting

Inventory That Talks to Your General Ledger

Track items, record adjustments and utilization, calculate COGS automatically, and get real-time inventory valuation — all integrated with your accounting.

Item Master & Categories

Define items with GL account mappings, cost methods, and categories. Every stock movement auto-posts the correct journal entries.

  • Item Master with GL account mapping
  • Item Categories for organization
  • Weighted Average Cost method
  • Unit of measure management

Stock Adjustments & Utilization

Record surplus, shortage, write-offs, and internal consumption. Each adjustment auto-posts COGS and inventory account entries.

  • Inventory Adjustments (surplus/shortage/write-off)
  • Inventory Utilization (internal consumption)
  • COGS automatic posting
  • Reason codes and approval tracking

Valuation & Reporting

Know the value of your stock at any point in time. Inventory Valuation report shows quantity, unit cost, and total value per item.

  • Inventory Valuation report
  • Stock quantity and value tracking
  • Cost method consistency
  • Category-wise stock summary

Ready to See It in Action?

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