Physical Stock Management
📋 Physical Inventory Management
CovenantTimMercyEnterprises — compare your calculated system stock with the actual physical stock counted, identify shortages and surpluses, and maintain accurate inventory variance records.
🔐 User Access
First-time users should enter their email address and create an account. The system will automatically generate a unique User Code. Returning users can login using their email and User Code.
🧭 How Physical Inventory Works
The system first calculates the expected stock using your existing Purchase and Sales records. System Stock = Total Purchases − Total Sales You then physically count the products and enter the actual quantity found. The system compares the two figures: Variance = Physical Count − System Stock A negative number means a shortage. A positive number means a surplus. Zero means the physical stock matches the system.
📝 Start Physical Inventory
📦 Physical Stock Count
| # | Product | Total Purchased | Total Sold | System Stock | Physical Count | Variance | Status |
|---|---|---|---|---|---|---|---|
| Login and start an inventory count. | |||||||
📊 Physical Inventory Variance Report
| Date | Conducted By | Product | System Stock | Physical Count | Variance | Status | User Code |
|---|---|---|---|---|---|---|---|
| Please login to view inventory reports. | |||||||
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