What is an Stock count and how can I complete stock count in Uprow ?

stock counts (also known as inventory count or stock takes or physical stock count in some countries) help you to keep track of your inventory.

During a stock count, you and your staff count and record each item in your store. When the stock count is submitted, your store's inventory records are updated, and you get a report of unexpected variances in your inventory levels, including cost figures.

Inventory counts help you to keep on top of your inventory movements and identify any discrepancies faster.

The following article will give you an overview of the type of stock counts you can do in Uprow, and also additional information relating to stock counts.

What type of inventory counts can you do in Uprow?

There are two types of inventory counts you can do in Uprow:

1. Full count: This is (usually) completed at the end of the financial year in order to provide your accountant with an exact value of your inventory. 

During a full count, you should close your store to ensure you get an accurate representation of your inventory levels. This generally means counts are done outside of usual trading hours.

A full inventory count should always be completed when your store is closed. This ensures that no items are counted twice, or sold after they have been counted.

 

Please read this article to get information on Creating & Completing Inventory Counts (Stock Audit) in Uprow.

2. Partial counts: These are normally a small section of your inventory, usually a particular brand, type, or supplier's items. Many retailers complete these during regular open hours in order to help keep your store's inventory accurate during the year. You can even run multiple partial counts at the same time (just make sure you don't have the same product in more than one count).

Completing regular partial stock counts helps you to keep on top of your inventory, and ensures that your end-of-year inventory count runs more smoothly.

It is possible to perform the same stock count from multiple devices, however, we do not recommend this. If you do choose to perform a stock count on multiple devices, it is very important that you save the count on each device before completing and that you only complete the count on one device.

How do you complete an inventory count?

For information on completing an inventory count, please follow the instructions in the article Creating & Completing Inventory Counts (Stock Audit) in Uprow for Full Counts

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