Sage Instant Accounts For Dummies

Chapter 10

Keeping Track of Your Products

In This Chapter

Recording a stock take

Adjusting stock levels

Checking stock availability

A lot of money is often tied up in stock, and having proper control over your stock procedures makes good business sense. In this chapter, I give you the tools to manage your stock.

Sage Instant Accounts Plus offers an easy-to-use stock facility. Sadly, this facility is not available with Sage Instant Accounts (the entry-level program) – so if you have this version, you can happily skip this chapter.

Taking Stock

Every business should undertake a stock take periodically – once a year at the least – so that the year-end accounts show an accurate stock position. However, actually carrying out a stock take can prove a logistical nightmare, particularly if you’ve a vast array of products.

Usually, recording a stock take is best undertaken when the factory or office is closed for normal business. Many a time, I’ve rolled out of bed on a Saturday to help do stock takes! While Sage doesn’t allow you the luxury of a weekend lie-in, it does help you organise ...