A stock count is counting what is physically in the warehouse and matching it against the system balance. The difference is recorded as an adjustment movement at its value, not by editing the balance, so each difference stays visible for review.

Stock and manufacturing

Stock count

A stock count is counting what is physically in the warehouse and matching it against the system balance.

Explained

The difference is recorded as an adjustment movement at its value, not by editing the balance, so each difference stays visible for review.

Related terms

Moving average costMoving average cost values stock by recalculating the average unit cost at every receipt, and issuing each unit at the average of its moment.
Reorder pointThe reorder point is the stock level at which a new order must be placed before the item runs out.

All terms