Inventory with FIFO, LIFO, or weighted average costing.

Items

Item catalog with cost layers.

Each item tracks SKU, name, GL accounts, and the cost layer history under your chosen method (FIFO, LIFO, weighted average). Stock movements (receipts, shipments, adjustments, transfers) update the layers and post COGS automatically via SmartGL.

• FIFO, LIFO, weighted average.
• Cost layer tracking per item.
• Stock movements with auto-COGS posting.
• Inventory valuation reports.

Counts

Physical counts with variance.

Generate count worksheets, enter actuals, and Quoining computes variance and posts the adjustment JE. Cycle counts run on the schedule you set.