Introduction to Inventory
Having inventory to sell is a critical factor in any business. eQuate POS has the ability to track and manage inventory across all multiple stores and warehouses. You can transfer and adjust inventory on the fly, or create Transfer Orders to track large bulk transfers. Creating categories, and manufacturers help you organize your inventory better. Providing coupons and discounts can help you move inventory faster, and provide more value to your customers. You can also track after sale refunds, and process them with the ability to track the item from sale to refund.
Features
- Attributes & Values
Adding attributes to products help condense the amount of products you need to manage. You can add any attributes, like Size, Colour, and more. Each attribute will have multiple values to select from. For example, an attribute like Size, may have values like Small, Medium, and Large associated to it. - Categories
Organize your products in a more efficient way for you and your customers. You can create and assign multiple categories to a product. You can also set discounts to apply to certain categories. - Manufacturers
Manufacturers supply the products you sell. You can assign various products to a single manufacturer. Manufacturers allow you to quickly search what products that manufacturer makes. You can also setup discounts to be given based on the manufacturer. - Coupons & Discounts
Coupons can be created to provide a quick discount based on a coupon being added. You can also add automatic discounts that apply to products under a certain condition (ie, minimum of 2 products, apply a discount). - Features
Product features allow you to increase/decrease the price of items sold at the point of sale. This is useful in restaurants and electronics, where a retail warranty can be added to the price of the item. - Products
Products can be sold to customers, and tracked. - Warehouses
A warehouse is a inventory bucket that you can add various stock counts for your products. Warehouses are an important reporting tool as well. You can report on products sold within a warehouse, as well as the profit margin for that specific warehouse. - Refunds
After sale care is important. It increases customer satisfaction. You can track refunds and add them back to stock, or discard them. - Stock Movement
Get a glance on where your stock is going. Using the Stock Movement screen, you can quickly see where and when a product was sold, or adjusted. - Transfers
Transfer product stock between various warehouses. - Adjustments
Adjust stock in mass, or one at a time. You can also track the adjustments in the Reporting area.