Overview of Stock Counting in Axanta ERP

This video tutorial provides a clear and structured explanation of how to perform Stock Counting (Physical Stock Take) in Axanta ERP and highlights its importance in maintaining accurate inventory records and supporting informed business decisions.

Stock Counting is the process of physically verifying the actual quantity of products in a warehouse or store and matching it with the quantity recorded in the system. This helps identify discrepancies, correct stock levels, and ensure accuracy for accounting valuation, purchasing, and sales operations.

In this tutorial, you will learn the following:

• What Stock Counting is and why it is critical for accurate inventory management
• How to create and post a Stock Counting Journal in Axanta ERP
• How to perform stock counting for specific products across one or more locations
• How to perform complete store or warehouse stock counting by loading products automatically
• How to manually enter counted quantities and understand on-hand vs counted differences
• How to handle pending deliveries or shipments during stock counting
• How to update counted quantities using an Excel import template, including adding newly discovered products
• How and when to use the Update Onhand option before posting the journal
• How posting the Stock Counting Journal updates inventory and applies the necessary system impact

This tutorial ensures you can confidently perform accurate stock counts in different scenarios, keeping your inventory data reliable and up to date in Axanta ERP.