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Inventory Management Simulator

Item Master → Stock Ledger → Stock Adjustments → Stock Count

Purchase Receipt (Stock In)

Item: Laptop (SKU: LAP-001)

Receiving 50 units @ R 1,000 each from supplier.
Perpetual Inventory System.

Quantity: 50 units
Unit Cost: R 1,000.00
Total Cost: R 50,000.00

Sales Issue (Stock Out)

Item: Laptop (SKU: LAP-001)

Issuing 10 units for sale (FIFO costing).
Cost of Goods Sold.

Quantity: 10 units
Unit Cost (FIFO): R 1,000.00
Total COGS: R 10,000.00

Stock Adjustment

Adjustment: Damage/Shrinkage

Adjusting inventory for damaged/shrinkage.
Write-off to expense.

Quantity: 2 units
Unit Cost: R 1,000.00
Total Write-off: R 2,000.00

Stock Ledger (Laptop - LAP-001)

Perpetual inventory tracking
Date Ref Transaction Type Qty In Qty Out Balance Value (R)
No stock transactions yet.

General Ledger (Journal)

Chronological record of all transactions
Date Ref Account Type Debit (R) Credit (R)
No financial transactions posted yet.

T-Accounts (General Ledger)