How will software track your inventory.

Inventory systems use Item receipts for tracking all incoming products and invoices and sales receipts for tracking all outcoming products. These documents have information about vendor or customer and list of items with quantities and prices. You can print these documents and save in your company and send to your partners.

First of all, you create an initial item receipt with all your existed products. You enter in the column Quantity current stocks of your items. The inventory system will show these values in the Item list form in the column On hand. If you have several warehouses you'll create item receipt for each warehouse with defined field Location. When you sell you product you have to create an invoice and save it. After that, the inventory system will subtract shipped amount from received amount and show in the on hand field of the Item list the current on hand amount.

Syatem will recalculate on hand amounts for your products after each new item receipt or invoice. If you want to have accurate information about your inventory you have to create document for each receiving and shipping.