Managing Accounting & Physical Stock Levels In Zoho Inventory

In this video, we explore the differences between accounting and physical stock in Zoho Inventory and demonstrate how various transactions impact stock levels. Learn how to manage and balance your stock accurately with tips on inventory adjustments and optional transactions.
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🎬 TIME STAMPS 🎬
0:00 Intro
1:35 Purchase & Sales Transactions Impact on Stock
3:20 Understanding Committed Stock & Available for Sale Levels
7:27 Standalone Bills, Invoices, and Optional Transactions
10:40 Inventory Adjustments, Balancing Accounting, & Physical Stock
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[@athletc01]

Kody, you didn't complete the adjustment you referenced. You said you wanted to adjust the physical from 77 to 75. Instead, you changed the accounting amount from 57 to 55. How would you handle your original adjustment of the physical to 75?

[@user-dp6vc9te4v]

Thank you for the enlightenment sir. Please how could one adjust inventory cost price and selling price incase of current price changes.

[@Zenatta]

Hi Innocent Ihesikoma, We discussed your question on our most recent Issue of AZAAZ! Click here to jump straight to our response.
🎬 - ruclips.net/video/VkO_IwT2esw/видео.html#t=13m02s

[@dannyrelentless]

Have you guys had luck into pushing inventory levels to CRM? I would love to create my PO's in CRM while synching to the Financial modules. Knowing accounting levels at the CRM is something I've seen many struggle with. Thanks for the video!

[@nickmitchell0]

@Kody Hi Kody, same question as Dan. Seems like the "Quantity in stock" field in Products in CRM does not sync with the "stock on hand" inventory from Books/Inventory. Also looks like Zoho Finance module in CRM doesn't prompt to create a backorder/PO for out of stock items when creating a SO as it would if you created the SO in ZInventory. Any ideas? Appreciate the video. Very helpful. Any additional help on how salespeople can best work directly from CRM instead of having to work between CRM and Inventory to see stock levels would be amazing.

[@Zenatta]

Hi Dan, We answered your question on this week's AZAAZ! Click here to jump to our answer.
🎬 - ruclips.net/video/JRVRDBeYBMo/видео.html#t=44m06s

[@Zenatta]

@@nickmitchell0 We answered your question on this week's AZAAZ! Click here to jump to our answer.
🎬 - ruclips.net/video/Vr0z_T08NuM/видео.html#t=12m11s

[@usman6857]

Hi Kody,
You have given the good overview of stock levels. I agree with you that inventory levels should be adjusted through transactions adjustment.
Here I like to suggest for reconciling the different levels in zoho. I think we should creat "Work in Process A/c or in-process A/c" that will be the sub-head of inventory, so that we always gets same closing balances or stock levels.