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Stock that moves by itself when you buy and when you sell

One catalogue of products and services, reused on invoices and bills. Mark an item as tracked and buying it brings stock in, selling it takes stock out, and the valuation posts to the ledger.

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Why this exists

  • Prices and tax rates are typed again on every invoice, and they drift.
  • The stock spreadsheet and the accounts never agree about what the stock is worth.
  • Nobody notices an item has run low until a customer orders it.

What it does

What it does

  1. 01One catalogue for everything you sell and buy

    Products & Services holds each item with default accounts, pricing and tax, reused on invoices, bills and subscriptions.

  2. 02Track stock without a separate step

    Mark a product as tracked. Buying it on a bill brings it in, selling it on an invoice takes it out, and cost is weighted average.

  3. 03Adjust with a reason

    A stock count, breakage or write-off is an adjustment with a quantity, a unit cost and a reason stored with the movement, so a count that does not match carries its explanation.

  4. 04Value it in the books

    Inventory shows on-hand quantity, average cost and value per item, by company when you run more than one, and the valuation posts to the general ledger.

  5. 05Spot what is low and what sells

    Products overview shows active items, what you sold, your stock value, items out of stock, items at or below their Reorder at level, your best sellers and the items that did not sell.

The honest part

What it does not do

The part you would otherwise find out in week three. If one of these is central to how you work, raise it before you buy rather than after.

Questions

Questions, answered

Do I have to record stock movements by hand?

Only for things that are not a purchase or a sale. Buying a tracked item on a bill and selling it on an invoice move the stock by themselves.

Can I sell services as well as products?

Yes. A service lives in the same catalogue and appears on invoices, but it is not tracked, because a service needs no stock.

Will it warn me when something runs low?

Set a Reorder at level on a product and Products overview counts it as low stock once it has stock left at or below that level.

The full product documentation for this module is at /docs/inventory.

Try it on your own data

Every module is in the same workspace, so nothing needs connecting to anything.

Free for up to 5 users. Pro free for 30 days. No card.