Stock book with columns for Date, From whom received or to whom issued, Receipt SRV, Receipt QTY, Issues SRV, Issues QTY, Balance.

adognm845, let's knock this out. The image displays a template for a Stock Book. A stock book is a record-keeping tool used to track the movement of inventory (stock) within a business. It helps in managing stock levels, identifying discrepancies, and ensuring efficient operations. Here's how each column is typically used: Date: This column records the specific date when a transaction (receipt or issue of stock) occurred. From whom received or to whom issued: This column identifies the source of the received stock (e.g., supplier name) or the destination of the issued stock (e.g., department, customer, or project). Receipt: This section records incoming stock. SRV (Stock Receipt Voucher): This is where the reference number of the document confirming the receipt of stock is entered. QTY (Quantity): This records the number of units of stock received. Issues: This section records outgoing stock. SRV (Stock Requisition Voucher): This is where the reference number of the document authorizing the issue of stock is entered. QTY (Quantity): This records the number of units of stock issued. Balance: This column shows the current quantity* of stock remaining after each transaction. It is calculated by adding receipts and subtracting issues from the previous balance. This template is ready to be filled with actual stock movement data. Send me the next one 📸