# Batch Wise/MRP wise stock

YouTube: Batch[ / MRP Wise Stock](https://youtu.be/KGgP37n7Xcc?si=9lnFaekYzfLOJNEP)

## 📦🔍 Batch-Wise & MRP-Wise Stock Management in Logic ERP

Efficient inventory management is key to success! ✅ Logic ERP offers powerful tools to streamline stock handling through **Batch-wise** and **MRP-wise** tracking. This ensures higher accuracy 📊, better visibility 👀, and fewer manual errors 🧾❌.

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### 🌟 Benefits of Batch-Wise & MRP-Wise Stock Management

#### 📈 Accurate Inventory Tracking

* View **closing stock** 🧾 in a **batch-wise** format
* Get a real-time snapshot ⏱️ of what’s available
* Reduce stock discrepancies & make informed decisions 🤔✅

#### ⚙️ Automated Batch Creation

* Batches are auto-created 📥 based on the **MRP**
* Makes **purchase transactions** smoother and consistent 💼🧾
* Automatically saves batch numbers as per MRP in bills 📌

#### 🔍 Enhanced Stock Visibility

* Use **Lot-wise Reporting** for deep stock insights 🔬
* Open the **Stock Report** 📋 and analyze **lot-wise.**
* Improves inventory control & resource planning 📦📅

#### ❌ Reduced Manual Errors

* Auto-fetches last lot rates 🧮
* Avoids incorrect entries 🚫
* Ensures accurate batch records 🧾🧷

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### 🧾 Implementing Batch-Wise Stock in Purchase Transactions

#### 🛒 Create Purchase Voucher

* Start a **new Purchase Voucher** 🧾
* Fill in product & supplier details 🖊️

#### 🔢 Enter the Batch Number

* Input the **batch number** manually if needed ✍️

#### 💰 Auto-Fetch Last Lot Rates

* System pulls last rates automatically 🔄
* Ensures pricing consistency 💹

#### ✏️ Review & Edit Rates (if needed)

* Edit rates if prices have changed 📉📈
* Allows flexibility while ensuring accuracy

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### 🧩 Configuring Lot Number as MRP

#### ⚙️ Access Purchase Voucher Configuration

* Navigate to the configuration settings 🔧 of the purchase module. 

#### 🆔 Define Lot Number as MRP

* Set it so that the **batch number = MRP**
* Ensures every batch is tied to the correct price tag 💸

#### 💾 Save Configuration

* Apply this setting to automate future transactions 🧠⚙️
* Say goodbye to manual MRP tagging 👋✍️

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### 🛒 Batch as MRP Management in Purchase

#### ➕ Enter a Purchase Transaction

* Open the **Purchase Module** and input item details 🧾

#### 🔍 Access Lot Window

* Within the purchase entry interface, navigate to the lot window.📂

#### 🧾 Enter Lot Details

* Add an identifier like:
  * Date 📅
  * Code 🧷
  * Custom label 🏷️

#### 💾 Save the Voucher

* On saving, the **Lot auto-links to MRP** defined earlier 🔗💰
* Keeps batch pricing consistent and easy to track 📊

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### 📊 Comprehensive Stock Analysis Guide

#### 📂 Accessing the Stock Report

* Open the **Stock Report** from the main dashboard 🖥️
* Ensure you have access credentials 🔐

#### 🧾 Batch-Wise Examination

* Navigate to the section where the closing stock is displayed batch-wise. 📦🔍
* Offers a clear picture of how items are spread across lots

#### 📉 Understanding Inventory Levels

* See which items are low 📉
* Identify what’s overstocked 📦📦
* Supports smarter restocking decisions 📈
* This helps in identifying potential stock shortages or overstock situations.

#### 🧠 Use Insights for Strategy

* Adjust ordering 🛍️ and selling 🛒 based on stock insights
* Make smarter, data-driven decisions 🧠💡
* Align your ordering and selling strategies based on these insights to improve procurement and sales efficiency.

#### 🔁 Regular Monitoring

* Review reports frequently 🗓️
* Periodic reviews help in adjusting strategies in response to market demands and trends 🚀

***

### ✅ Conclusion: Smarter Inventory Starts Here

Batch-wise and MRP-wise stock tracking in Logic ERP helps businesses:

🔹 Maintain **accurate stock levels**\
🔹 Eliminate **manual errors**\
🔹 Gain **complete visibility** into inventory\
🔹 Make **faster, informed decisions**

Adopting this method isn't just smart — it's **essential** for modern business success! 📊📦💼


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