AutoCount Stock Training Note Chapter 1 - Inventory 1.1 What is inventory? 1.2 Types of inventories Chapter 2 - Understand Costing Method 2.1 Costing Method 2.2 FIFO Costing Method 2.3 LIFO Costing Method 2.4 Weighted Average Costing Method 2.5 Difference between FIFO & LIFO Method 2.6 Advantage and Disadvantage of FIFO & Weighted Average 2.7 The Impact of Difference Costing Method Chapter 3 - New Stock Accounts 3.1 Maintain Stock Account Code Chapter 4 - Stock Maintenance 4.1 Stock Module 4.2 Create Stock Group Maintenance 4.3 Auto Generate Stock Item Code 4.4 Set Default Accounts 4.5 Set Line Discount Post to Separate Account 4.6 Use Live Stock Balance in Financial Report 4.7 Stock Item Type Maintenance 4.8 Stock Item Maintenance 4.9 Easy Item Maintenance Chapter 5 - Maintain Stock Item Opening Balance 5.1 Item Opening Balance Maintenance Chapter 6 - Item Price Book 6.1 Item Price Book Maintenance 6.2 Set Pricing for Debtor/Creditor by Item Code 6.3 Set Pricing for Debtor/Creditor by Price Category 6.4 Item Price by Currency Maintenance Chapter 7 - Cost Adjust Transaction 7.1 Stock Adjustment 7.2 Stock Issue 7.3 Stock Receive 7.4 Stock Written-Off 7.5 Stock Update Cost Chapter 8 - Recalculate Stock Costing & Global Price Change 8.1 Recalculate Stock Costing 8.2 Global Price Change Chapter 9 - Stock Balance Reset & Posting Closing Stock 9.1 Reset Stock Balance Quantity 9.2 How to Post the Closing Stock to Account