SAP Business One provides comprehensive support for inventory tracking and valuation. It supports multiple unit types, so you can purchase and sell your inventory in different units – such as buying in cases and selling in individual bottles. You can set up warehouses in zones, managing inventory by its bin location in each warehouse.
The application lets you create an unlimited number of price lists, integrate multiple currencies, preassign prices to specific customers, and define discount rules that are automatically applied to transactions with vendors and customers. Special pricing tools allow you to manage discounts based on volume, cash, or customer accounts.
The software supports both serial and batch number management. You can generate and assign serial or batch numbers to items received from vendors and draw from available batches when items are released. You can integrate bar coding to pick or transfer items between locations.
Costing methods – such as FIFO, moving average, serial and batch, and standard price – are fully integrated to give you a deep understanding of your item costs, letting you accurately define prices and item discount.