Inventory with Real Accounting

Inventory and accounting should be connected: when stock moves, the books should reflect it. PrimeBase links inventory events to journal entries and valuation so you get correct cost of goods and balance sheet numbers without manual work.

Inventory with real accounting

Stock valuation

Your inventory is valued based on movements (FIFO, weighted average, or your method). That value appears in accounting so your financials stay accurate. No more copying numbers from a separate inventory system.

Journal entries from inventory events

When you receive or dispatch stock, the right accounting entries can be created automatically. That keeps your ledger in sync with what’s actually in the warehouse or store.

Inventory accounting software that stays in sync

PrimeBase uses FIFO or weighted average for valuation; that value flows into your balance sheet and COGS. Inventory document workflows (e.g. GRN, GDN, adjustments) can post to the right accounts so you don’t manually key journal entries. Reports show current valuation and movement value. That’s inventory accounting software built into the same system as your books.

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Inventory with real accounting

Inventory with real accounting