Stock Glossary



Browse the glossary using this index

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A

Active Item

The Stock item is active.

The Stock item can be used on the patient, billed (sales) and received (purchases).

The Stock item can be adjusted.

Roadmap:

1. M Stock > M1 Stock Setup > SM1 Stock > Category > Correct Item > B Edit > Active.


Active, no sales

The item is active but cannot be sold to a patient.

Stock corrections can be done on the item.

Stock Transfers can be done on the item.

Roadmap:

1. M Stock > M1 Stock Setup > SM1 Stock > Category > Correct Item > B Edit > Active No Sale.




Adj. Packs

Adj. Packs - Adjusted Packs.

The Adj. packs will show on the Variance report.

Adj. PacksIt is calculated by Adj. Units / Packsize = Adj Packsize.

For example: The Packsize of the item is 100 and the adjustment units are 140. The Adj. pack will be 1.4.

140 / 100 = 1.4 



Adj. Units

Adj. Units - Adjusted Units.

The Adj. units will show on the Variance report.

Adj. Units: The Units the system will adjust after the stock take is posted.

For example: the Snapshot units are 150, the counted units are 100, the Adj Units will be -50. The system will deduct 50 units because 100(count)-150 (snapshot/system units) = -50 (Difference).

For example: the Snapshot units are 200, the counted units are 250, the Adj Units will be 50. The system will add 50 units because 250 (count) - 200 (snapshot/system units) = 50 (Difference).




Adj. Value

Adj. Value - Adjusted Value

The Adj. Value will show on the Variance report

The adjusted value is the rand value of the items.

Adj. ValueThis is calculated by the Cost/Unit * Adj.Units = Adj Value. 

For example: The Unit price is R 2.32 and the Adj. Units are 43, the Adj Value will be R 99.76

R 2.32 * 43 = R 99.76