What it does
Stock Age is the amount of time the goods stay in the enterprise's warehouse. The stock age always starts with the receiving date to the present.
For inventory management, goods with great stock age causes problems such as:
- Enterprises have stagnation of capital in the warehouse
- More costs for inventory management and preservation
- Risk of loss due to old-aged stocks being reduced in price
This module adds `Stock Age Report` in the Inventory application, allowing users to track the stock age of products by intervals, upto any date.
Key Features
- Allows user to define the period length (in days) and number of periods of stock age
- Shows Stock Age of products by intervals
- Track stock age, quantity on hand and valuation of each product/ product category in specific warehouse/location or in all warehouses
Known Issues
Currently, Stock Age Report does not support products using the Standard Cost Method.
Editions Supported
- Community Edition
- Enterprise Edition
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