How to reduce the quantity of an inventory item (Shrinkage)
How to reduce the quantity of an inventory item (Shrinkage)
Shrinkage involves reducing the quantity count of an inventory item. Any admin with the right access level can perform ‘Shrinkage’ . Complete the following steps to perform "Shrinkage"
Click on the ‘Update Inventory’ button when viewing the details of an inventory item.
In the pop-up form shown above , Select the checkbox to RECORD AN INVENTORY SHRINKAGE. Select the reason for the shrinkage .
An additional comment field is also provided. Predetermined reasons to choose from includes Waste during Transit
- Spoilt Inventory
- Useable Inventory
- Overproduction
- Poor Portion Control
- Others
NOTEClicking on the Save button records the new quantity after shrinkage has been completed as the actual quantity and is recorded on the shrinkage report on the inventory dashboard.
You can also add a new ingredient and a batch in store by clicking on ADD INVENTORY ITEM,this opens up a drawer containing fields to fill in other to add new ingredients item as seen below.
Add new ingredients item which includes Item Name, Category, Brand, Measurement Option, Quantity, Price, Expiry Date, and Low stock quantity-*Low stock quantity; is used to report when a stock is running low.
Saving this updates new items and quantities on the inventory store.
The inventory dashboard displays three (3) values; Total Inventory Value: this is the total sum of the cost of inventory at hand. this value does not include expired stock. Total Variance Cost: This is the total amount of inventory not accounted for ...
Inventory Count Inventory count allows you to check your inventory and input the quantity obtained from your check, helping you keep track of your inventory and know when there is a loss in inventory items. There are two types of inventory check ...
To begin, Click on this inventory icon, this redirects you to ‘Settings’ in the inventory module as seen below Inventory Stores: This is used to set up inventory locations. It can only be edited and not debited. “Store Name”, what you would like the ...
To edit a menu item created following these steps; Click on the menu item This opens up a drawer containing the details of the menu item On the right hand side of the new page, make the following changes Name - This must be unique, you have to make ...
Creating a New Menu Item The steps to take in other to create a new menu item includes the following; Click on the “Add New” button on the menu page Clicking on the “Add New” button opens up a drawer containing fields to be updated with the menu ...