The Inventory Disposal feature in TamilAccounting is used to record the removal of inventory items from stock. This may occur due to various reasons such as damage, obsolescence, or other circumstances that necessitate the disposal of inventory. Properly recording disposals ensures that inventory levels are accurately maintained and that the financial records reflect the true value of available inventory.

Key Features of the Inventory Disposal View:

1. Location:

   • Indicates the specific location (warehouse or storage area) from which the inventory is being disposed.

2. Reference:

   • A unique reference number is assigned to each disposal transaction. This helps in easily tracking and managing disposal records.

3. Date:

   • The date on which the disposal transaction was created.

4. Created By:

   • The name of the user who created the disposal record, providing accountability and traceability.

5. Item Details:

   • Item Code: The unique code or SKU of the item being disposed of.
   • Description: A brief description of the item.
   • Batch No: The batch number associated with the inventory item, if applicable.
   • Quantity: The quantity of the item being disposed of. A negative quantity indicates a reduction in stock.
   • Units: The unit of measure for the disposed quantity (e.g., pieces, hours).
   • Unit Cost: The cost per unit of the item being disposed of.
   • Total: The total value of the disposal transaction, calculated as Quantity x Unit Cost. This value will be negative as it represents a reduction in inventory.

6. Actions:

   • Edit: Allows the user to make changes to the disposal record.
   • Print: Print the disposal record for documentation purposes.
   • Void: Cancel the disposal transaction if it was entered incorrectly.