Below is a quick guide on how to deal with impress stock within Navigator.
For this example, a supplier called “Green Garages” is going to supply you with £5,000.00 worth of impress tyre stock.
Create a Purchases Ledger Account called Green Garages Impress, so their will be two P/L accounts on the system.
- Green Garages
- Green Garages Impress
Give any Impress Stock Tyres a bin location called Impress. (This help keeping tabs on the tyres easier).
Receipt the £5000.00 worth of tyres into the Green Garages Impress purchase ledge account.
Any new tyres that the dealer gets goods into the normal account
Once a month run the bin location report, in the Parts Managers toolkit, using the Bin Location “Impress” to check the stock on the Impress stock tyres and any tyres no longer required need to be goods out and any new updated tyres get goods into the Green Garages Impress stock.
The stock of Purchase Ledger Tyres will stay in the Purchase leader account until the supplier wants them back or the impress stock is no longer required.