How to enable stock visibility for products in BUSY?
In BUSY, enabling stock visibility for products involves setting up and configuring your inventory management settings. Here's a step-by-step guide to enable stock visibility for products:
Step 1 :Navigate to the Inventory module within the software. Depending on the version of BUSY you're using, this module may be labeled as "Inventory," "Stock," or something similar.
Step 2 :Ensure that you have created product records for the items you want to track stock visibility for. If you haven't added products to your inventory yet, follow these steps:
In the Inventory module, locate the option to add or create new products.Enter the product details, including name, description, category, and other relevant information.Specify the initial stock quantity for each product.
Step 3 :Access the inventory configuration or settings within the Inventory module. The exact location of these settings may vary depending on your software version.
Step 4 :Look for an option that allows you to enable stock visibility or stock tracking for your products. This option may be labeled as "Track Stock," "Inventory Tracking," or something similar.Select the option to enable stock visibility
Step 5 :Choose the method of stock tracking that aligns with your business needs. Common methods include:
FIFO (First-In, First-Out): Items are sold in the order they were received.
LIFO (Last-In, First-Out): The most recently acquired items are sold first.
Weighted Average: The cost of items is averaged based on purchase prices.
Specific Identification: Each item is tracked individually by serial number or batch.
Step 6:If you want to maintain minimum stock levels, set up reorder points for your products. This helps in automatically generating purchase orders or alerts when stock levels drop below a specified threshold.
Step 7 :After enabling stock visibility and configuring the settings, save the changes to apply the new stock tracking settings.