Pricing products by the ML\Bottle\Half Bottle etc

Megaphone illustration with release notes text.

For our Veterinary users Turbo Inventory (this covers Small Animal Practices, Large Animal Practices, Equine and Animal Hospitals) allows you to set different pricing points on products. This allows you to price the product by ML, then give a price break for a Bottle, Half Bottle or X ML. It is extremely helpful when opening bottles to use in the practice. Setting up the product Call up the product you want…

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Tips for your Year End Stock Take in 2021

Warehouse worker scanning stock on shelves

The stock take is a fundamental part of any business that deals in goods. It’s the only way you can keep track of inventory, see if your ordering process is efficient, and reduce over-stocking. However, in order to achieve these goals, you need a firm process for carrying out the stock take itself. Here, I’ve compiled a list of easy steps to help you do the perfect stock take. Dedicate…

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How to calculate inventory shrinkage

Well-stocked bar with assorted bottles and shakers.

Every time you sell an item, the value of your inventory on hand is reduced by the price of that item. Conversely, whenever you place a new order of stock, the value of your inventory increases by the amount you ordered. Your shrinkage is whatever discrepancies arise between the sales and orders you have recorded and the actual value of the inventory you have on hand. Let’s say you have…

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