I have an industrial company and I do not work on the manufacturing module. What I need is a way to add the finished product to the inventory because my cost costing method is the average cost and I do not want to cause a cost problem.
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✅ Option 1: Use "Inventory Adjustments" (Neutral for Costing)
This is ideal if you just want to update stock levels without affecting the cost method too much.
Steps:
- Go to Inventory > Operations > Inventory Adjustments.
- Click Create.
- Set the inventory location (e.g. "WH/Stock").
- Add the finished product(s) and specify the actual quantity on hand.
- Click Start Inventory.
- Enter the counted quantity (what you want to show in stock).
- Validate.
💡 Since you're using Average Cost, this method won't automatically update the cost. If there's already a cost set, it will remain unchanged.
✅ Option 2: Use "Receipts" with Manual Cost (Better for Cost Control)
If you want to add finished products and specify a unit cost, this is better and more accurate with Average Costing.
Steps:
- Go to Inventory > Operations > Transfers.
- Click Create.
- Set the operation type to Receipts.
- Set the source location to something like "Vendors" or a custom "Production" location.
- Set the destination location to your warehouse (e.g. "WH/Stock").
- Add the finished product and quantity.
- Before validating, click the 🧾 "Additional Info" tab and enter the unit cost under the product line.
- Validate the transfer.
💰 This will affect the Average Cost, so if you produce something and want to record its cost, this method is better.
Hi Abdallah, The best way to track the cost of your finished products should be using the manufacturing app because doing so you would transform raw materials into the finished product removing this materials and adding the finished products to your inventory with the cost of production. Otherwise if you don't want to use the manufacturing app, I would advice you to remove manually the raw materials using a configured operation type that moves this stock to a virtual location such as the one used for inventory adjustments or scrap. And adding the finished products to your stock manually using inventory adjustment.
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