Add a New Stock Move

A stock move refers to the process of recording a change in inventory levels due to activities such as purchases, sales, internal transfers, adjustments, or returns.

Adding a stock move ensures accurate inventory tracking, compliance with Kenya Revenue Authority (KRA) regulations, and proper alignment between inventory records and business transactions.

Why Add a Stock Move in eTIMS?

1. Accurate Inventory Management
   To maintain real-time visibility of stock levels across all branches.
2. Regulatory Compliance
   To ensure detailed records of stock movements for tax and audit purposes.
3. Operational Transparency
   To document reasons for stock adjustments, transfers, or discrepancies.
4. Informed Decision-Making
   To facilitate better procurement, sales, and inventory optimization decisions.

Best Practices for Adding a Stock Move

1. Validate Item Details
   You should ensure that the item name, code, and description match existing inventory records.
2. Record Supporting Documentation
   You should always attach reference documents for transparency and accountability.
3. Apply Correct Tax Codes
   You should ensure tax details are accurate, especially for taxable stock moves.
4. Monitor Inter-Branch Transfers
   You should verify both source and destination entries to avoid discrepancies.
5. Review Before Submission
   You should double-check all details for accuracy to prevent errors in inventory records.

👍

Why add anew stock move?

Adding a new stock move in eTIMS using Slade360 eTIMS APIs is a critical process for maintaining accurate inventory records and ensuring compliance with tax regulations.

By following these best practices, businesses can effectively track inventory changes, improve transparency, and support better operational decision-making.