Retail ADVANTAGE POS Software allows you to keep track of all your inventory, whether it is sold or received in shipment. Set up your inventory items by Category, Vendor or Manufacturer. When inventory is sold, the system decrements it from the inventory database after every transaction so you don‘t have to do it manually.

Retail ADVANTAGE POS Software keeps a record of all inventory sold and which employee sold it. If you need to occasionally reconcile for inventory shortages or take a physical count of inventory, Retail ADVANTAGE POS Software provides you with a Physical Count Report by Category, Vendor or Manufacturer. With the physical count sheet, you can check whether the actual inventory matches the numbers tracked through the system.

Reordering inventory is easy with the Retail ADVANTAGE POS Software system. You can set up desired minimum and maximum levels for each product and you may change those numbers at any time. When you are ready to order, just print out inventory reorder reports by Vendor. These reports will show you, by Vendor, how much of each product is currently in stock, the minimum quantity you would like to have in stock and the maximum desirable number of each product. The report makes it easy for you to decide which items you need to reorder. And it also calculates the amount of the order for you.

Updating your inventory is easy to do in the point of sale software, simply receive inventory using the same barcode reader you use for Point of Sale. All you have to do is scan the inventory item then enter the quantity received. When adding to inventory, you can also update the cost of each inventory item; it is calculated on average cost automatically for you. You can also add to inventory by receiving a specific purchase order that you have issued in the Retail ADVANTAGE POS Software.