What Is Stock and How to Configure It?

This article provides a clear explanation of Stock and how to configure it within the Inventory module.

What Is Stock?

Stock refers to the inventory of materials and resources a company manages in its operations. It allows for tracking availability, movement, and allocation of these materials across different warehouses.

How to Configure Stock

To configure Stock, follow these steps:

1. Log in to Terrand.
2. Navigate to the left-hand menu and select Inventory.
3. In the dropdown menu, click on Stock.
4. You will be redirected to the Stock screen -  [Stock Screen Analysis].
5. In the upper right corner, click the + Add Stock button and choose one of the following options:
   • Add Stock
   • Stock Movement

Add Stock

This option presents the Add Stock form, where you need to complete the following fields:

• Material → Select a material (previously added in How to Configure and What Are Materials?).
• Warehouse → Select a warehouse (previously added in What Is and How to Configure Warehouses?).
• Minimum Stock → Define the minimum stock quantity.
• Initial Stock → Enter:
  • Quantity
  • Price
  • Currency

Stock Movement

This option presents the Stock Movement form, where you need to:

• Material → Select the material to be transferred.
• Source Warehouse → Specify the warehouse the material is coming from.
• Destination Warehouse → Specify the warehouse where the material is being sent.
• Quantity → Enter the amount of stock to be transferred.

Stock Features

• Stock History → The stock screen displays a history of stock movements, including materials transferred between warehouses and stock additions. The displayed columns include:
  • Transaction Number
  • Movement Type
  • Material (with code)
  • Warehouse (with code)
  • Date
  • User (with ID/Employee Number)
• Manual Stock Addition → Input the material, warehouse, currency type, price, and quantity.
• Stock Movement → Enter the material, source warehouse, quantity, and destination warehouse.

 Explanatory Video

To reinforce the concepts explained in this article, we provide a video demonstration:

[Explanatory Video]

We encourage you to review the following related articles for more in-depth information:

• What is Inventory?
• How to Configure and What Are Materials?
• What Is and How to Configure Warehouses?
  
  

Conclusion

We invite you to review the hyperlinks for more detailed information about each module. If you cannot find the information you are looking for, please do not hesitate to contact us.