Stock that agrees with the balance sheet
In most businesses the stock register and the accounts are two different stories, reconciled once a year under protest. In tBiz they are the same postings: a sale issues stock and books cost of goods sold in one movement.
| Item | Qty | Rate | Value |
|---|---|---|---|
| MS Angle 50×50×6 | 18,400 kg | 54.20 | 9,97,280.00 |
| MS Flat 40×6 | 6,250 kg | 51.80 | 3,23,750.00 |
| GI Pipe 25mm B-class | 940 m | 212.00 | 1,99,280.00 |
| Welding rod 3.15mm | 86 pkt | 640.00 | 55,040.00 |
What you get
Warehouses that are real places
Stock is held per warehouse, not as one company-wide number, so "we have 400" can be answered with "where".
Transfers that post
Moving goods between godowns is a voucher with a challan, not a spreadsheet adjustment — and it is the document an e-way bill can be raised from.
Valuation you can defend
FIFO or weighted average, applied consistently, with the closing stock value tying to the figure in the balance sheet.
Reorder levels per warehouse
A reorder level at the branch is not the same as at the main godown. Both are held, and both raise their own alert.
Barcode entry
A USB or Bluetooth scanner is a keyboard: it types the code, tBiz matches it against the item’s SKU or either alias, and the line fills. Nothing to install and nothing to configure — which is how a stock count of 4,000 SKUs finishes in a day. There is no camera scanning in the phone app today.
Physical stock, honestly
A count posts a stock journal showing the difference and where it went, rather than silently overwriting the book quantity.
How it works
- Set up items and warehouses. Import them from Tally, Busy or a spreadsheet — units, HSN, opening quantities and rates.
- Let documents move the stock. A GRN brings it in, an invoice or a delivery challan takes it out, a transfer moves it. Nothing needs a separate stock entry.
- Watch the levels. Reorder alerts, slow-moving and non-moving reports, and stock ageing per warehouse.
- Count and reconcile. A physical count posts the difference as a stock journal, so the shrinkage is a number in the accounts rather than a mystery.
Inventory questions
Does the stock value in tBiz match my balance sheet?
Yes, because they come from the same postings — a stock movement is a ledger movement. The reconciliation most businesses do once a year between the stock register and the accounts does not arise.
Which valuation methods does tBiz support?
FIFO and weighted average, applied per item and consistently over time. The method is a decision you make once; changing it later changes your reported profit, so tBiz makes that deliberate rather than easy.
Can I hold the same item in several warehouses?
Yes, with its own quantity, its own reorder level and its own valuation at each. Transfers between them post a document, so the movement is traceable and can carry an e-way bill.
Can I scan barcodes on a phone?
Not with the phone’s camera — tBiz has no camera scanning today. What does work, and is what most counters and stock counts actually use, is a USB or Bluetooth barcode scanner: it presents itself as a keyboard, types the code into the item field, and tBiz matches it against the SKU or either alias. A Bluetooth scanner paired to a phone or tablet works the same way.
Related
Get a stock figure you would sign
Import your items and opening quantities, and see the stock ledger and the balance sheet agree from day one.