Reconcile your stock with purchases and sales to find out what has been lost.
StockLoss has been temporarily removed from the App Store. It requires some critical updates that I hope to make in the near future.
StockLoss is an app designed to help retail managers track their inventory. Specificailly, we want to help you track what you have on hand and reconcile your sales and purchases to determine how much product has been lost!
This app is designed for and Retailers and the best minds at iParty! Mobile to create a simple to use, yet POWERFUL tool.
Start by configuring your inventory. You can enter each item manually or use a spreadsheet to import your items. For each item, you add a
– Product Name
– Sale Price
– Unit Cost
– Product Id
You may choose which specific products you carry.
Once you are all configured, you can take a snapshot of your current inventory. Meaning you go to each stock location and check how much of each product remains to get a complete view of what inventory you have on hand.
Through your week, add Purchase orders and sales report data into the app to tell the app what you sold and what product you bought. Do all this quickly in the app, or by exporting your reports from your POS, modifying the CSV spreadsheet to match our file format and importing it into the app.
After you create a sales report, see how much of each product you have remaining to see what you need to order.
Now you may view a reconciliation report. This will tell you what your sales should have been, look at what your sales were and tell you how much product you lost.