Inventory Settings
Configure how your inventory is valued and when you receive expiry alerts.
How to Access
Settings (gear icon, bottom left) → scroll down under Modules, Click on your → Company → Inventory Settings (at the left list menu)
Stock Valuation Method
Choose how the cost of sold items is calculated:
| Method | Description |
|---|---|
| FIFO | First In, First Out → oldest stock is consumed first. Recommended for perishables. |
| FEFO | First Expired, First Out → stock closest to expiry is consumed first. Recommended for pharmacies. |
| LIFO | Last In, First Out → most recently received stock is consumed first. |
Pharmacies
FEFO is the recommended setting for pharmacies. It ensures near-expiry items are sold before newer stock, reducing waste and compliance risk.
Expiry Notification Window
Set how many days before expiry you want to receive alerts for batches approaching their expiration date.
- Default: 30 days
- Adjust this to match your restocking cycle
Click Save Settings to apply your changes.