About stock management in Craftybase
Learn more about how Craftybase calculates your real-time stock levels
Once you have your initial stock levels in place for your account start date, Craftybase will automatically adjust your real-time stock levels whenever you make a change to them. For example, creating an order will automatically decrease your product stock on hand; whereas adding a manufacture will deduct all materials used to produce the item.
- Perpetual stock tracking
- Backdating to an earlier starting date
- Product stock levels
- Material stock levels
Perpetual stock tracking
All stock calculations in Craftybase use a perpetual method. Your starting adjustment, along with all manufactures, orders and adjustments are used to calculate your present-day stock on hand level.
Craftybase does this by keeping a record of each and every stock change that occurs from your account start date - these changes are recorded as adjustments.
Backdating to an earlier start date
It is possible to start your tracking earlier than the current date. To do this, you'll want to set your account start date to the new date, then enter in all stock changes between this date and the current date.
Product stock levels
Product stock levels are decreased when you add an order for the item and increased when you manufacture the item. Read more about how product stock levels work here.
Material stock levels
Material stock levels are decreased when you manufacture a product containing the material and increased when you create a material expense for the material. Read more about how material stock levels work here.