Long aisles of stocked pallet racking in a modern distribution warehouse

Inventory & Warehouse

Stock you can count on — in every store.

From the central warehouse to the project site store, every movement goes through one append-only stock ledger that always agrees with the general ledger.

What changes

Inventory & Warehouse with UPAX.

Item master, warehouses and site stores, stock ledger, issues, transfers and cycle counts.

01

No phantom stock

An append-only ledger and blind counts keep book and physical stock aligned.

02

True project cost

Materials land on the right cost code the moment they leave the store.

03

Audit-ready valuation

Inventory value always matches the balance sheet.

The controlled flow

Every step approved, recorded and connected.

  1. Item request
  2. Goods receipt
  3. QC
  4. Put away
  5. Issue to cost code
  6. Transfer
  7. Cycle count
  8. Valuation = GL

Each step runs on the UPAX workflow engine: the approver is resolved from your approval matrix, the action is written to the hash-chained audit trail, and the next step starts automatically.

Features

What Inventory & Warehouse includes.

Governed item master

New items pass a duplicate check and master-data and finance approval, so the catalogue stays clean as it grows.

Main and project site stores

Run central warehouses and site stores side by side, with stock visible by location, project and item.

Weighted-average stock ledger

Every receipt, issue, transfer and adjustment is an append-only stock move with row-level locking. Negative stock is not allowed.

Issues to project cost codes

Material issues are charged to the right project cost code, with project-manager approval above a set value.

Blind cycle counts

Counters do not see system quantities. Variances trigger recounts and value-banded adjustment approvals.

Valuation agrees to the GL

Stock valuation is reconciled to the inventory account per entity and checked in the month-end close.

FAQ

Inventory & Warehouse, answered.

Can't find your answer? Talk to a UPAX specialist.

Which costing method does UPAX use?

UPAX uses a weighted-average stock ledger. Every movement is an append-only record, and valuation is reconciled to the general ledger per legal entity.

Can site stores on projects be managed separately?

Yes. Project site stores sit alongside main warehouses. Goods can be received directly to site, issued to project cost codes and transferred between stores.

How are stock counts controlled?

Cycle counts are blind — counters do not see the expected quantity. Variances require a recount, and adjustments are approved according to their value.

See Inventory & Warehouse run on your data.

A guided walkthrough built on your own procurement, finance and project scenarios.