Stock Issue

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Introduction

Stock Issue is an entry to update outgoing stock as Qty Out. Commonly use for:-

a. sample products to customer;

b. issue stock for own use;

c. issue for display purpose;

d. and more...

1. Click on New.

2. Enter the Description to describe the stock issue entry, eg. "sample product to Customer ABC Sdn Bhd".

3. Add the items to be issue.

4. You may enter the reason, remark and authorised by for future reference.

5. Click on Save to commit the stock qty out.

1. You update the unit cost by click on Update Cost button.

2. System will based on the update cost method to retrieve the unit cost for each items. There are:-

No.	Update Cost Method	Explanation
1	Use Ref.Cost When Qty <= 0 (by default)	If qty balance below to 0, unit cost will update with Reference Cost from Maintain Stock Item.
2	Use Strict Costing	Unit cost calculated from the Costing Method set in Maintain Stock Group.
3	Use Serial Number Costing	Unit cost will based on the serial number.

1. do an adjustment for your stock loss under stock issue.

2. Check on Stock | Print Stock Document Listing | Stock Issue Listing | Apply

3. Preview the stock issue listing to capture actual cost of stock

4. Create the following Accounts under GL | Maintain Chart of Account | Cost of Good Sold | New

e.g. 617-000 Stock Loss

5. do a Journal Posting (GL | Journal Entry) for your stock loss as per below screen