Inventory Features in Business Central
No more add-ons. No separate solutions.
An accounting software that handles all your inventory needs.
All-in-One: Accounting + Inventory
Business Central is more than just an accounting software, it also manages your inventory. Avoid dealing with purchasing an add-on inventory solution to a simple accounting software, which brings imperfect connections and manual work of using disparate systems. Business Central has core accounting, plus a ton of built-in operational functionality. You can simply activate the functionality when you start to need them. It’s all in the same solution for a smooth experience in real-time.
In addition to Business Central’s robust functionalities, many 3rd party modules are available which can seamlessly integrate with BC. Experience the unparalleled efficiency, accuracy and optimization of an all-in-one solution.
Scalability
If you are a business that deals with physical goods, your transaction volumes increase quickly and therefore your data does too. If you’re on an accounting software like QuickBooks, your system will slow down once you reach 1000 transactions per month. Most companies wait until they have outgrown their accounting software, before switching over to a bigger, scalable solution. But the switch is harder than you think. At that point, the migration process is painful, exhausting and expensive. Investing in a scalable system like Business Central now will save you the future pain and cost of switching later.
Business Central runs on Microsoft’s Azure cloud platform, an industry leader in data capabilities. It’s structured for scale and can support infinite transactions and users. Business Central won’t slow down or jeopardize your data at any stage of growth. As your business expands, you don’t have to worry about outgrowing your software.
Business Central is designed for quick out-of-the-box deployment and ongoing updates, ensuring a solution that can incorporate more sophisticated features over time.
Inventory Transfer
As a start-up company, you may have multiple locations to store your products. You may keep samples and small volume products at your office or home. You might store large volumes or large-sized items at various warehouses in multiple areas closer to your customers.
As you receive orders from all over the world, you need to transfer your inventories from one location to another. Business Central has multiple locations and transfers inventory item functions, and comes with various inventory management functions.
Business Central tracks back-order purchases separately. Suppose you have six physical inventories in your office, and you receive an order of ten pieces. You are short four products. Let’s say you already placed a purchase order of four products to your vendor. You can reserve those four items for the order of ten items in advance. Generally, you can only reserve items if you already have enough inventory.
With Business Central, you do not need a separate Excel file to record your stocks.
With Business Central, you can reserve specific inventory among your on-hand inventories. You can track items sent for outside repair as a separate inventory status. And much more!
Variable Pricing
As your company grows, you service various types of customers and their needs. You may have a group of select customers that deserve special discounts or pricing. For example, you may want a specific group of customers (the first condition) to receive a discount, but only when they buy specific items (the second condition). You can set up a price rule with these two conditions.
Item Tracking
If your customer is asking for traceability, then you can easily pull the specific lot/serial number of the goods you shipped to this customer with BC.
BC auto-generates lot/serial numbers and assigns them to your items when you receive them, preventing duplicate serials from occurring.
In BC, you can also manage the lot/serial # requirements per item, as some goods must be controlled by lot and/or serial number and some may not. Each item may differ in what needs to be tracked. BC can remember what needs to be tracked, and locks users from moving to the next step until the required lot/serial # is not entered. This built-in function keeps your company compliant with regulatory requirements.
