Advanced stock vs simple stock

​This article contains information regarding iZettle for hospitality, powered by intelligentpos


intelligentpos® version 4 has two modes of stock & inventory management - "Simple Stock" and "Advanced Stock". These two systems have been designed for different needs:

Simple Stock

Simple stock is generally used for retail environments, where you buy in what you sell, for example t-shirts. It uses a 1-to-1 relationship between products and stock amounts, for example every time you sell 1 t-shirt, exactly 1 t-shirt is destocked. Simple stock manager is the only system that can be used on products that have variants.

Advanced Stock

Advanced stock is generally used for hospitality environments, where you sell fractions of what you purchase, for example pints from a keg of beer. It can utilise both a 1-to-1 and a 1-to-many relationship between the products you sell and the ingredients you stock, for example, a cocktail may de-stock multiple ingredients at a time, whereas a pint of ale will generally only destock a one pint measure from a keg. If you use product portions, such as half pints, different recipes can be created per portion to de-stock alternative amounts.

For more information on how to use the Advanced Stock Manager, please view this article.

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