Inventory Ledger

In an Inventory Management System (IMS), the purpose of an Inventory Ledger is to provide a detailed and organized record of all inventory-related transactions.

The ledger starts by noting the initial quantity before any transactions, and for each adjustment, it documents the amount added or deducted, culminating in the updated ending quantity. It also specifies the type of transaction, whether it’s an addition or a deduction. Additionally, the ledger records which module—such as sales, purchases, or adjustments—initiated the transaction and detailed the action that triggered the inventory change. If a transaction is voided, the system ensures that all changes are automatically rolled back, with the ledger accurately reflecting the rollback and noting which module initiated it.

This comprehensive approach ensures that inventory records remain precise and up-to-date. You can use the header filters to search for and view specific data as needed.