Items with the detail you need
Each item has a SKU, barcode, unit, category, sale price and VAT treatment, and a reorder level and preferred supplier. Cost is kept as a weighted average, updated with every purchase.
Looped Inventory New
Keep stock in step with your books.
Looped Inventory keeps your items, stock takes and purchase orders, and moves stock when you issue an invoice or approve a bill. Every movement posts to Financials, so your stock value is never a separate spreadsheet.
A module for each company, in the 30-day trial. No card required.
Stock moves with your invoices and bills
Pick items on invoice and bill lines. Issuing an invoice takes the stock off and approving a supplier bill puts it back on, so nobody records the movement twice.
Posted to Financials
Cost of sales, returns, adjustments and opening stock post to the ledger as they happen. Your stock value on the balance sheet matches what’s on the shelf.
Stock takes on your phone
Start a stock take, then count on your phone and scan barcodes with its camera. Looped shows the differences, and you approve the adjustment before it posts.
Purchase orders
Raise an order with a supplier, receive the delivery against it, and match the bill when it arrives. Goods received but not yet billed are tracked on their own account.
Reports you’d ask for
Stock on hand, movements, margin, reorder, slow movers, ABC analysis, write-offs and open orders. Items below their reorder level are flagged.
Included
Everything in the Inventory module.
- Items with SKU, barcode, unit and category
- Weighted average cost
- Opening stock and adjustments
- Stock takes with phone counting and barcode scanning
- Purchase orders and goods received
- Price lists and price levels, downloadable as CSV
- Items on invoice and supplier bill lines
- Cost of sales posted to Financials
- Reorder levels and low-stock flags
- Stock on hand, margin, reorder and slow-mover reports
- An audit log of every change
- The agent can look up and update stock for you
Pricing
From R199 a month.
A month for each company, with no VAT added. Bookkeepers and practices pay from R149 for each client company.
Moving over
We’ll move your stock across for free.
Send us your items, suppliers and opening stock from whatever you use today, and we’ll set them up in Looped for you.