Stock on Hand vs Available Quantity
Upgrading to Unleashed gives you complete transparency over your inventory levels. But to really make the most out of the software, you need to understand the difference between your stock on hand and your available quantity. Let’s take a look at both.
What is stock on hand?
Stock on hand is the total amount of any given item that you currently have in your warehouse, regardless of whether it is available for use or sale. It includes unallocated as well as allocated stock.
You can allocate stock for:
- Assembly or disassembly
- Sale
- Adjustment
- Warehouse transfer
What is available quantity?
Available quantity is the total amount of any given item that you currently have available for use or sale. It’s your total stock on hand, minus any products that have been allocated. In other words, it’s your current unallocated stock.
To find both your stock on hand and your available quantity in Unleashed, open up the Stock on Hand Report in the Reports section. You can see stock on hand for each item listed under the Qty on Hand column, and your available quantity listed under the Available Qty column.
In between these two columns, you’ll find your Allocated Qty: or how much stock you have that is currently allocated for use. Click on this figure for a detailed report of what the inventory has been allocated for.
Deallocating products
You can deallocate products from sales orders by clicking on the order then on the Deallocate button at the top-right side of the screen. Please keep in mind that deallocating stock will increase your total available quantity. It isn’t possible to deallocate stock from assemblies, adjustments or warehouse transfers.
What's next
- Implementation
- Ground Training
- Customers
- Inventory
- 2:39 Batch/Serial: Stock Adjustment & Stock Take
- 1:30 Introduction to Batch Tracking
- 1:59 Markup Price Update
- 1:32 Introduction to Serial Number Tracking
- 1:22 Supplier Price Books
- 1:26 Batch Purchase Order & Supplier Return
- 1:29 Serial Purchase Order & Supplier Return
- 2:14 Stock Count
- 1:20 Serial: Sales Order & Credit
- 1:18 Batch Tracking Sales Order & Credit
- 1:44 Stock on Hand vs Available Quantity
- 1:52 Obsoleting Products
- 1:41 Product Measurements
- 2:21 List sellable products
- 3:23 Navigate Unleashed like a Pro
- Production
- Purchasing
- Sales
- 2:16 Quantity Discounts
- 1:15 Accept Sales Quote & Create Order
- 1:17 Batch Complete
- 1:03 Create a Sales Order
- 1:17 Sales Order: Managing Invoices
- 1:11 Sales Order: Managing Shipments
- 1:07 Sales Order Credit
- 1:21 Free Credit
- 1:30 Credit Reasons
- 1:47 Managing your Sales Team
- 2:06 Enhanced reporting with customised sales groups
- 1:55 Sales module: Overview
- 1:34 Using the View Shipment Page
- Setup
- Suppliers
- Take Off
- Integration
- 3:06 Seamless Shipping with Advanced Shipping
- 1:11 Shopify: Locate missing order
- 1:28 Magento: Missing Invoices
- 2:20 Magento: Product Type
- 2:22 Xero: Reconcile Transactions
- 1:52 Integrating Shopify – Shopify as Master
- 1:48 Integrating Shopify – Unleashed as Master
- 2:19 Managing Products with Shopify
- 2:05 Integrating with Amazon
- 2:21 Best practices for your Xero integration
- 2:39 Enable credit limits
- 2:24 Setting up Xero Tracking Categories in Unleashed
- Inventory
- 1:42 Batch Tracking: Update Batch Numbers
- 1:54 Importing Files
- 1:02 Product Attributes Invoices
- 1:44 Product Attributes Setup
- 1:52 Receipting Purchase Order with Barcoded Product
- 1:26 Warehouse Transfers
- 0:50 Batch Tracking: Update batch number expiry date
- 2:33 Creating multi layered Bills of Materials with Sub Assembly
- 3:14 How to do a batch recall in Unleashed
- 4:56 Use disassembly to break down bulk products into small units of measure
- 3:20 Manage consignment inventory
- Reporting
- Sales Orders
- 1:38 Ship From Multiple Warehouses
- 1:30 Backordering: Fulfilling Sales Order Via Purchase Order
- 1:43 Backordering: Split Shipments
- 2:30 How to manage dropshipping orders in Unleashed
- 4:08 View and manage your sales orders in Unleashed
- 3:20 How to create Commercial Invoices
- 4:09 Set up pricing hierarchy in Unleashed
- Settings
- 1:43 Multiple Images
- 1:30 Payment Terms
- 1:31 Roles and Role Permissions
- 3:51 How to set up 2-Step Authentication (2SA)
- 2:12 Complete Transparency with Email Logs
- 2:17 Creating and printing customised product labels
- 1:19 Set a default delivery method
- 2:43 Printing product labels
- 2:26 Add Supplier Quantity Price Breaks
- 3:49 How to set up email templates and automated emails
- B2B Store
- 1:40 Allow guests to access to your B2B Store
- 2:10 B2B Freight
- 2:29 Managing your B2B orders
- 2:05 Get your customer records ready for your B2B store
- 2:58 Update product details for your B2B store
- 1:46 Setting up multi currency sales on your B2B store
- 1:58 Setting up product categories in the B2B store
- 1:53 Acting as a customer in the B2B eCommerce portal
- 2:40 Creating catalogues for your B2B store
- 1:59 Grant multiple admin access on your B2B store
- 1:34 Help B2B customers transact efficiently with Standing Orders
- 1:18 Send personalised B2B Emails
- 1:26 Customise your B2B eCommerce Store with content pages
- 2:35 Create custom homepage on your B2B Store
- 1:50 Place bulk orders on the B2B Store
- 4:54 Set up payments for your B2B Store
- 5:00 How to set up multiple contacts in your B2B Store
- 1:17 B2B Standing Orders
- Business Intelligence
- Integration
- In Orbit
- Inventory Management
- 2:02 Essential Steps for Effective Inventory Stocktaking
- 1:57 Advantages of perpetual inventory systems
- 1:44 Leaving your spreadsheets
- 1:27 Facing Software Change
- 2:23 Inventory Management Systems – What to look for
- 1:04 Tips to get your business ready for moving to an inventory management system
- 1:28 Benefits of integrating with other ecommerce softwares
- 2:20 The Rise of the Component Solution
- 3:22 Tips to help you match your product supply to customer demand
- 1:49 Inventory Management vs Warehouse Management
- 1:56 The importance of customer service
- 1:42 Make the most of an inventory management system with training
- Finance Flavour
- Business Bites
- Partners
- Inventory Management
- Access