In your business, you may need to keep your products at a third party outlet for
the purpose of display and possible sale without actually billing the third party
outlet. Since you have not actually sold the goods to the third party outlet yet,
the inventory still belongs to you and you need to keep track of it.
Also when something gets sold from that third party outlet, and you are informed
about it, you need to raise invoice to that third party retail for only the quantity
that is sold and also adjust your stock at that third party retails location.
- HDPOS smart being the smart stock accounting software, offers a very rich feature
of keeping track of your stock which you might have kept at a retail outlet only
for display and possible sale.
- You can create a separate warehouse and associate the third party retailer as your
customer with that warehouse. This stock billing software will adjust the stock
at this customer location rather than at your default location automatically whenever
you raise invoice for this customer.
Sometimes you have to handle purchase returns in your business and exchange goods,
though you accept it back, it may not be in condition to be sold back immediately
:
- This store inventory and stock management software allows you to move returned goods
into a warehouse or a location that is different from your default billing warehouse.
- This will allow you to put in place the work flow to examine returned goods and
get them ready for resale.
- Once they are repackaged and ready for resale, you can move them into your default
warehouse for billing.