Easy inventory control

Improve your inventory management and increase your profits.

This app makes it easy for users to manage their inventories. It has the ability to keep track of the available inventory, and its main purpose is to account for the stock of products in your company, taking into account the warehouses and other places where they should be controlled, both for incoming and outgoing goods.

Inventory control refers to all the processes that contribute to the supply, accessibility, and storage of products in a company to minimize the time and costs related to its handling: it is a mechanism through which the organization efficiently manages the movement and storage of merchandise, as well as the flow of information and resources resulting from it. It involves different aspects, but in general terms, it is subdivided into what corresponds to management and optimization.

What cost allocation formula does this app use?

AVERAGE COSTS

According to the formula of average costs, the cost of each item should be determined by the average cost of similar items at the beginning of a period, adding the cost of similar items purchased or produced during it. The average can be calculated periodically or as new items enter the inventory, whether acquired or produced.

What is the Cost of Sales?

The cost of sales is the cost incurred to market a product or provide a service. It is the value incurred to produce or purchase a product that is sold. When a sale is made, a product must have been purchased, which undoubtedly incurred a cost, known as the cost of sales.