This article will help you:
- In understanding what is being tracked and why
- In setting up inventory tracking
- To see what happens to an out-of-stock item
The system will track the following statuses:
| Status | Purpose | How is it being calculated? |
| On hand | To track the actual number of the physically available products in your warehouse. | A manual calculation required of your stock. This can be checked during the stocktaking. |
| Reserved | To track the sold but not yet fulfilled products. | The sum of items in placed (Authorized, CoD) orders. |
| Available | To track the available products to sell (ATS). |
On hand - Reserved |
Setting up inventory tracking
- Go to your Catalog settings
- Click Products
- Select any product from your list to add its stock level
- Select the Inventory tab
- Add your product to a Warehouse
- By click on the newly added Warehouse, the product and Inventory details will appear
- Fill out the On hand column
Note
In order to track your stock accurately, make sure to add the SKU code for your products
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