Introduction to Inventory in Mocha accounting
Mocha accounting offers an efficient inventory management feature that helps businesses to track their products.
Using Mocha accounting to manage inventory, you can:
- Track Quantities: Monitor the number of items you have in stock, including validation when quantities run low.
- Manage Purchases and Sales: Record purchases from vendor and sales to customers, ensuring accurate inventory levels.
- Inventory Valuation: Track the value of your inventory in real-time, helping with cost analysis and financial reporting.
- Inventory Reports:
- Inventory Valuation Summary Report: Shows the quantity on hand, average cost, and total asset value for each inventory item.
- Inventory Valuation Detail Report: Includes all activities impacting each item, such as purchases, sales, adjustments, and returns.