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Features - Inventory

Inventory

Manage both stock and non-stock products in our inventory module. FastAccounts is an accounting software for small businesses and large businesses alike. As a result, you can have total faith in our tracking processes, designed to ensure you know exactly what stock movement is occurring and can manage bundles, locations, and varying tax rates on your products.

"FastAccounts offers quick setup, personal support, and a more tailored small business accounting experience than competitors."

Stock Quantity and Value

We keep track of stock quantity and value for you, whether it’s at the sales invoice level or the purchase bill level, you can view how much stock on hand your business has.

  • Stock valuation is calculated on a FIFO basis.
  • A unique feature is available to FastAccounts users, where overtrading/overselling a product can be restricted.
  • The inventory module can be equipped with the optional “Landed Cost” add-on. In addition, FastAccounts offer a dedicated module to handle “Letter of Credit” for imports and cost allocations.
FastAccounts tracks stock with FIFO valuation, restricts overselling, and offers landed cost and letter of credit modules.

Stock Management

  • Efficient Management of your stock is made possible with Fast Accounts. Manage multiple locations, multiple units, bundle products, and multiple categories all of which are organised in an easy and clear-to-understand format for you.
  • Stock management is fully integrated with other modules such as sales, purchases, and assembly. From raw material to finished goods, keep complete track of quantities and values.
  • For a dynamic view, the product table can be filtered by status, type, category, and quantity simply by using the filter button. Get the information you need when you need it.
FastAccounts streamlines stock management across locations, units, bundles, and categories with integrated modules and dynamic filters.

Better Decision Making

  • Comprehensive and detailed reporting is available for both the product and inventory modules and can be found in the reporting module, enabling users to stay informed and make better business decisions.
  • Get a variety of information at your fingertips with just a single click, ranging from product activity summaries and best-performing products to low-stock reports and stock valuations.
FastAccounts reporting keeps you informed with product activity, top performers, low-stock alerts, and FIFO valuations

Explore What FastAccount Can Do for Your Business

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