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Adding Products to Stock

Updated over 4 months ago

💡 In the Inventory Management module, you will start by creating an opening stock of the products you have set up. These products are then added to a stock location.

💡 In Douano, two stock locations have already been created:

  • Entrepot/AGP: stock location under excise suspension.

  • Warehouse: a stock location for non-excisable goods or excisable goods for which excise duties have already been paid.

⇢ Go to Inventory Management – Additions and click on the green plus button.

General data

  • Stock location: the location where the products should be stored.

⚠️ It is very important to make the correct choice here!

  • Excisable goods on which you will only pay excise duties upon release must be stored in the Entrepot (stock location under excise suspension).

  • Excisable goods on which excise duties have already been paid should be stored in the Warehouse.

  • Raw materials, simple products, and other non-excisable goods can be added to either the Entrepot or the Warehouse.

  • Date of addition: the date on which the stock is added. You can also enter this retroactively.

  • Note: optionally add a reason or explanation for adding the stock.

Excise Data

💡 Adding products to stock differs between Belgium and the Netherlands.

Excise Data Belgium

  • Transaction type: the type of entry in the stock.

💡 Since this concerns an opening stock, select Stock Count: the addition is made due to a stock count. Use this option when starting with Douano and entering the opening stock.

  • ARC: enter Opening Stock here, as you do not have an ARC number for this.

💡 ARC = Administrative Reference Code, the number listed on an eAD document.

Excise Data Netherlands

  • Transaction type: the type of entry in the stock.

💡 Since this concerns an opening stock, select Opening Stock. Use this option when starting with Douano and entering the opening stock.

  • ARC: enter Opening Stock here, as you do not have an ARC number for this.

💡 ARC = Administrative Reference Code, the number listed on an eAD document.


Stock Items

💡 In this section, you select the products that you will add to the chosen stock location.

  • Product: the product that needs to be stored. As soon as you select a product, an extra line will be added, allowing you to add multiple products at once.

  • Quantity: the amount, expressed in the unit of the product (pieces, liters, kilograms, …).

⚠️ Make sure to enter the actual current stock of these products. After this step, it is essential that you manage these products from within Douano.

  • Expiration date: the expiration date of the goods. This can always be entered, but is only mandatory for products where Expiration Date Required was selected.

  • Lot/Batch number: the lot number of the goods. This can always be entered, but is only mandatory for products where Lot Number Required was selected.

Stock

⇢ Go to Inventory Management – Stock.

💡 Here you will find an overview of all products currently in stock. The products you just added will appear here. The overview displays the following columns:

  • Item number: the number you assigned or that Douano assigned to the product.

  • Product: the name of the product.

  • Stock location: the location where the product is stored.

  • Quantity: the amount of this product currently in stock.

  • Available stock: the amount of this product still available for use (in a sales order, production order, …) and not yet reserved in transactions.

💡 Once you create a sales order (or certain other transactions), the required quantities for that order will be reserved. As a result, for some products, the Quantity and Available stock may differ.

  • Reserved quantity: the amount of this product reserved in unconfirmed transactions.

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