The Receive/Issue stock page allows you to bring in and issue out stock from your inventory. Use this for stock that is received without a Purchase Order or is used without going onto a job card.

Select the Receive radio button when you have purchased stock and wish to add it into your inventory, and Issue when you want to reduce your inventory. If you are using Multi-Location Stock Control you will also need to select the location you wish to issue stock from or receive stock into.

Enter a quantity, cost and any other information you would like recorded (Employee, Inv #,Job #, Reference, supplier and additional comments), and click the Receive Now/ Issue Now button to commit the stock movement.

The Average Cost will be adjusted when receiving stock based on the cost and quantity of the items received. For example, if you had one unit in stock with an average cost of $10.00 and you receive another unit in with a cost of $20.00 then the average cost of your stock holdings will be $15.00. Issuing stock has no effect on the Average Cost.

Note: TSM automatically reduces your stock level as you use parts on Job Cards and POS Invoices and increases your stock levels when received in via Purchase Orders (If Active Stock Control is enabled in the Inventory Setup).

To receive in items with a serial number click the search button next to the Serial # field. Note that a location must be selected beforehand. To enter serial numbers either manually add them via the Free Text box (comma separated or one per line), or use the ‘Series Starting With’ which allows a sequence of numbers to be added.