How bills can update inventory stock

Bills can be used when your business buys stock from a supplier.

If a bill item is linked to an inventory item, Bizwazi can help increase the stock quantity.

Example

You buy from a supplier:

• 20 loaves of bread
• 15 bottles of cooking oil
• 30 packets of milk

When entering the bill, each item can be connected to the matching inventory item.

Bizwazi can then add the quantity to stock.

Why this is useful

This helps keep your inventory more accurate.

It also helps you understand:

• What stock was bought
• Which supplier provided it
• How much each item cost
• When the stock was added
• Whether your stock purchases match your sales

Cost price

When you buy stock through a bill, the item cost can help you understand your cost price.

This is important because profit depends on the difference between:

• What the item cost you
• What you sell it for

Best practice

Use bill items carefully when buying stock.

Make sure:

• The quantity is correct
• The unit cost is correct
• The correct inventory item is selected
• The stock update option is only used when stock should actually increase

Do not update stock from a bill if the bill is not for stock purchases.