Inventory Management Solution
novaERPS's inventory solution manages multiple warehouses, batch tracking, and costing, directly connected to sales, purchasing, and accounting.
The problem it solves
Managing inventory in files disconnected from sales and purchasing causes gaps between book and physical stock, and makes true inventory cost hard to know.
How it works inside novaERPS
Every receipt from a purchase order increases inventory automatically, every sales invoice reduces it, with FIFO or weighted-average costing and the accounting entry updated at the same moment.
Key features
- Multiple warehouses from one account.
- Batch and serial number tracking.
- FIFO and weighted-average costing.
- Periodic counts to reconcile physical stock.
- Live visibility into stock movement (receipts/issues).
Who it's for
It fits trading companies and manufacturers managing more than one warehouse or needing precise batch tracking.
How it integrates with the rest of the system
It connects automatically to purchasing (on receipt), sales (on sale), and accounting (automatic entry), with no duplicate entry between systems.
Frequently asked questions
Yes, you can manage several warehouses or storage locations from the same account.
Using FIFO or weighted-average costing, based on the company's choice.