Managing your inventory efficiently is crucial for the success of your business. If using an Excel spreadsheet isn’t your preferred method, manually updating products is a quick and straightforward alternative. In this article, we’ll guide you through the steps to manually update products in your inventory.
Thing to know:
- The ability to add products to the inventory is governed by the "Accessing Inventory Details" access control setting.
- To learn how to update products using a spreadsheet, please click here
- Local products can only be edited at the franchise level. However, for global products, price and quantity can be edited at the local (child) level if the access control setting to edit inventory quantity and price is enabled.
- Updates made at the parent and child account levels will impact all associated locations.
- Parent Account Level - If a global product is marked as "Not Commission Eligible" at the parent account level, this will automatically apply the "Not Commission Eligible" status to the product across all locations under the parent account.
- Child Account Level - If a local product is marked as "Not Commission Eligible" at any single location within a child account, this status will be applied to the product at all locations within that child account.
- Adding a new shipment to your inventory will only update the quantity for retail inventory; it does not affect the back bar inventory.
- When SKUs are out of stock or have expired, an alert will appear on the notification bell. Clicking on any of these alerts will open a modal displaying the details of the SKU corresponding to the out-of-stock or expired item
To update products manually, simply:
- Navigating to POS > Inventory
- Locate the product you wish to update and click on the product drop-down menu
- From here, you can update the product's price and current stock
- To add a new shipment to your inventory, click the "Add Shipment icon"
- A modal will appear displaying your shipment history for that product
- Click on the plus sign to add your new shipment details, which will be displayed at the bottom of the list
- Once you’ve entered the information, click "Save"
- Once saved, your current stock will automatically update
- If you did not receive a new shipment but wish to adjust your current stock, simply change the quantity by clicking on the +/- option below "Retail QTY". A modal will appear where you can increase or decrease the quantity and add a note or reason for the adjustment.
- To edit other product details (such as product name, SKU, category, or brand), select the "Edit Product Details" hyperlink.
- A modal will appear where you can modify any information you like. Once done, click "Save".
- If you need to completely delete a product, select "Delete" in the lower left-hand corner
Congratulations, you've updated your inventory! Click here to learn how you can track your inventory with MyTime's Inventory Report.
For more information, contact us at support@mytime.com.
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