Hi, Richard:
Thank you for sharing your experience. But I'm wondering when you move those stocks to 'giveways', they cannot be sold as normal products, right? Then we have to stop the normal business to deal with this situation?
Best regards!
Exson
(03-22-2012, 11:10 AM)PakRicard Wrote: Hi Phil:
On this case you mentioned, we have a stockcategory called "giveaways", so when we decide to run some giveaway promotion, we move these items to this different stockcategory. This allows to control stock more efficiently via "inventory valuation". Once the promotion is done, goods return to their original stockcategory or flaged as obsolete, depending on business needs.