Inventory & stock
Stock that values itself as you sell
A live stock ledger with weighted-average COGS (opt-in FIFO or per-unit serials per item), low-stock alerts, batch & expiry tracking, multiple godowns and landed costs. Sales draw stock down automatically.
What it solves
Knowing what's in stock and what it's worth usually means a separate inventory app that never talks to your books. Finocket keeps a running ledger that values itself: every sale draws stock down at weighted-average cost, purchases add it back, credit notes return it, and your balance sheet carries Closing Stock while your P&L shows COGS and gross profit, all from the invoices you already raise.
How we're different
There's no e-commerce lock-in. It's inventory as pure finance, whether you sell from a shop, a warehouse or a workshop. Each product carries a weighted-average cost so per-product and total stock value are always current, and the Closing Stock / COGS overlay you toggle always keeps the balance sheet balanced.
Inside Inventory & stock
Live stock ledger with weighted-average COGS
Low-stock alerts
Batches & expiry
Inventory & stock
Batches & expiry
Multiple godowns with transfers
Inventory & stock
Multiple godowns with transfers
Serials & FIFO, opt-in per item
Inventory & stock
Serials & FIFO, opt-in per item
Inventory & stock
Batches & expiry
Inventory & stock
Multiple godowns with transfers
Inventory & stock
Serials & FIFO, opt-in per item
More in Inventory & stock
Landed costs on purchases
Add freight, duty or clearing on a purchase bill and it's apportioned across the received stock lines by value or quantity (to the paise, remainder on the largest line) and pushed onto their cost layers, so your FIFO or weighted-average valuation reflects true landed cost, not just the invoice price.
Folds into your final accounts
Closing Stock on the balance sheet and COGS with gross profit on the P&L, at weighted-average cost, a presentation overlay you can toggle that always keeps the sheet balanced.
Works with the rest of Finocket
Part of Inventory & manufacturing. See how every module connects.
Questions
Does selling update my stock?
Yes. Every sale on an invoice draws stock down automatically at weighted-average cost, purchases add it back, and credit notes return it, so per-product and total stock value stay current.
Can I track batches, expiry and multiple locations?
Yes. Track batches with expiry dates and 'Expiring soon' alerts, and store stock across multiple godowns with transfers recorded as matched pairs so your total on hand never changes.
Do I need an e-commerce platform?
No. It's inventory as pure finance, with no storefront lock-in. Closing Stock and COGS fold straight into your balance sheet and P&L.
Can I use FIFO or serial numbers?
Yes, opt-in per item. Weighted-average stays the default, but you can switch on FIFO cost layers or per-unit serial tracking for any item that needs it, and a serial can never sell twice. You can also add landed costs like freight and duty onto a purchase bill so valuation reflects true landed cost.
You always know what is on the shelf, and you reorder before you run out.
Learn how it works
Inventory & stock: track what you have on hand
Turn on stock tracking for a product to get a running stock ledger: sales draw stock down automatically, low-stock items flag, and you record what you receive.
Document templates and the look of your invoices
Choose one of fifteen templates from a live preview (bill of material, retail bill, services, jewellery, pharmacy, works contract, export, quotation and more), then tune colours, columns, words, a cover page and a signature. Terms and notes are rich text.
Share an invoice, estimate or receipt on WhatsApp
Send a document from your own WhatsApp with a private link that expires and that you can switch off. Nothing is sent for you and no provider is involved.
3 min read
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