Now you have reviewed your stock in your stocktake, why not put some aside to make a stocktaking sale. Other retailers now are doing that; why not you? If it works for them, why not you?
Now you can supplement these items with this fantastic report.
In the register reports > stock titled "Old Stock on hand by Date last received"
This will give you a listing of your old stock.
The old stock did not do you much good. If it is old it is probably depreciating at about 30% a year, so after three years, it has just been written off. Of course the insurance, rental on the property, staff costs, etc. to keep it are not written off.
Was it better to count these old stock, than move it?
There is no excuse not to have a stocktaking sale to get rid of old stock now it's the annual season to do so.
