Does novaERPS Support Inventory Management?
Yes — novaERPS supports inventory management as a built-in module, with multi-warehouse control, batch tracking, and FIFO/weighted-average costing.
What does the inventory module cover?
- Multi-warehouse: manage more than one warehouse or storage location from the same account.
- Batch and serial tracking: for items that need precise tracking (production dates, expiry, serial numbers).
- Costing methods: FIFO (First-In-First-Out) and weighted average.
- Stock counts: periodic counts to reconcile physical stock with system records.
- Live stock movement: visibility into receipts and issues tied to production or sales.
Who is this module for?
It fits trading companies, manufacturers, and any business managing more than one warehouse or needing precise batch tracking — common in manufacturing, distribution, and trading.
How does inventory connect to the rest of novaERPS?
Inventory movement isn't isolated: a purchase order automatically increases stock on receipt, a sales invoice reduces it on sale, and every movement reflects in the same accounting ledger — no duplicate manual entry between separate systems.
Related questions
- Does novaERPS support purchasing?
- Does novaERPS support sales?
- Does novaERPS support accounting?
- What is novaERPS?