Item Without Inventory Deduction

When Does It Make Sense to Use Items Without Inventory Deduction?

Items without inventory deduction are used to manage products or services that are not physically stored in inventory. Examples include consultancy services, software downloads, shipping costs, or other items that do not require stock level updates. Since these items do not have a physical stock, there is no inventory deduction when they are sold or invoiced.

This allows businesses to track all sales and services without complicating their inventory management. In this way, you can maintain a clear overview of both physical items with inventory deduction and items that do not require physical inventory management, without affecting the accuracy of stock reports.

Benefits of Distinguishing Between Items With and Without Inventory Deduction

By distinguishing between items with and without inventory deduction in your warehouse management system, you achieve a more organized and precise inventory, as well as a clearer product and service trail for financial management. This allows you to focus on optimizing the stock of physical items while correctly handling and registering services and non-stocked items.

This also provides a more accurate stock overview, making it easier to plan the company’s purchasing management and ensuring that only items that physically impact inventory affect stock levels.

Rackbeat and Managing Items Without Inventory Deduction

At Rackbeat, we make it easy to manage both items with and without inventory deduction. Our system allows you to categorize your items so you can focus on precise inventory management for physical goods while seamlessly handling sales of services and other non-stocked items. This flexibility ensures that you have full visibility and control over your business activities – from inventory levels to service offerings. Our user-friendly system ensures everything stays connected without the need for manual stock updates.