InvoiceKaroInvoiceKaro

Stock & Shop

Stock, Cost and Profit

How InvoiceKaro tracks what you hold, what it cost you and what you actually made — built on an append-only stock ledger.

If you sell goods rather than only time, InvoiceKaro can track what you hold, what it cost you, and what you actually made on it. Everything in this section is optional — switch it on per item, and nothing changes for the items you leave alone.

The idea in one paragraph

Every movement of stock is written to a ledger — a list of every time something came in or went out, with the reason. Your stock on hand is simply the sum of that list. Nothing is ever edited or deleted: a correction is a new entry. That's why the count can always be explained, and why a disputed number can be traced instead of argued about.

Nothing changes until you opt in
Stock tracking is off for every item until you turn it on. Services, consulting and anything you don't count simply carry on working exactly as before.

What each piece does

Where to find it

Open Profile → Stock, Purchases & Expenses. Quotations have their own screen at Profile → Quotations.

Two rules worth knowing up front

  • Stock never blocks a sale. If the count says 3 and you're billing 5, InvoiceKaro warns you and bills it anyway. The shop knows what it just handed over better than the database does.
  • Buying stock is not an expense. It moves money into inventory and only becomes a cost when the stock sells. This is what keeps a restocking month from looking like a loss.
Important
Cost prices, average cost, profit and stock valuation are owner-only. A staff member can record a bill and check a count without ever seeing what any of it is worth. See Who can see what.