If you use the inventory features in MYOB Business, it’s easy to keep your stock levels up to date. This includes how many items you have on hand, how many are on order and how many are committed to customers.
Set your inventory up
Enter your opening stock levels
If you already have some items in stock, you can add their opening on-hand quantity by making an inventory adjustment.
Order stock from suppliers
When you want to order inventory items, you can create a purchase order for your supplier, detailing what you need.
Receive items into inventory
When the items come in, you can convert the purchase order to a bill — this automatically adds the stock you’ve ordered into your inventory.
Sell items to customers
When you make a sale, enter an item invoice for the customer — this automatically reduces your stock on hand.
Maintain minimum stock levels
Adjust stock levels and values
If you need to write off some of your inventory or revalue it, you can make an inventory adjustment to reflect that in MYOB Business.