What is a Stock Error?

Article Contents

• What is a Stock Error?

• Inventory Review Screen

• Investigating Stock Errors

What is a Stock Error?

A stock error is whenever a count for an item increases from one inventory to the next, without an invoice to account for the increase. Another name for this is "negative consumption".

Consumption = (Beginning Count + Invoices) - Ending Count

This can also be because of a miscount from a previous inventory, or an error when adding an invoice.

Inventory Review Screen

When submitting an inventory count, you're notified of any stock errors.

Note: Don't worry about stock errors for individual areas, for example, "Main Bar". You should only be concerned with a stock error if it shows on the "Inventory Review" screen like in the example above.

In our example, the Molson Canadian could've:

1. Been counted incorrectly in the Previous Inventory

2. An invoice for this item was not added or was dated incorrectly

For the Pelee Island Shiraz Cabernet, it shows there was a delivery/invoice, but it is possible it was received as 1 unit instead of a case. 

Investigating Stock Errors

Having a stock error won't prevent you from submitting the inventory, but you should take steps to correct it before you submit, or immediately after the inventory.

To learn more about investigating and fixing stock errors, see:

• Troubleshooting Stock Errors / Negative Consumption