Selling Items Before Entering Inventory

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Selling Items Before Entering Inventory

Some users need to get up and running with RetailEdge before they have entered any items.   RetailEdge can run like a cash register and allows you to sell items even before you have had a chance to completely enter your inventory.  To do this:

 

1.Add all of your departments to the Department List.

 

2.Create a miscellaneous vendor in the Vendor List.

 

3.Create an inventory item that corresponds to each department.  These inventory items should have a cost of $0.00, prices of $0.00, should be Stock Type: Department SKU, and use the miscellaneous vendor.  

 

The stock numbers should be something short that can be quickly entered on the Sales Screen.  RetailEdge will now track sales of items by department and the cost of goods sold will be calculated based on the average margin for the particular department associated with the item.

 

We recommend that use Department SKUs only for a short time.  Inventory management is an important piece of the program.  Entering and tracking your inventory allows you to know what's selling (and what's not), know who is purchasing which items, and what to reorder next year.