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1. Inventory - Reserve inventory for consignment or pre-sales

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   13 comments  ·  Purchase orders, bills & inventory » Inventory  ·  delete…  ·  Admin →
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   Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

   Hi everyone, thanks sharing how important it is to be able to reserve inventory for pre-sales, or consignment.

   We appreciate hearing your needs in setting stock aside before it’s invoiced, and in some cases working across multiple locations or warehouse setups.

   We are currently in the process of releasing backorders capability which is designed to help tracked inventory users approve a sales invoice even when there isn’t enough stock available at the time. When that happens, the stock you do have available is allocated first, and the remaining quantity is placed on backorder. As more stock comes in, Xero will then automatically allocate it to the oldest approved backorders.

   While this release doesn’t provide a way to reserve stock in advance for consignment, pre-orders, or particular customers and locations, it may still help some businesses that are currently needing to wait for stock to arrive before they can approve and process a sale.

   We understand there’s still a gap between what’s being released here and the broader stock reservation needs raised in this idea, so we’ll continue to track the feedback you’ve shared and update you if there’s any further progress in this space.

   Hi everyone, thanks sharing how important it is to be able to reserve inventory for pre-sales, or consignment.

   We appreciate hearing your needs in setting stock aside before it’s invoiced, and in some cases working across multiple locations or warehouse setups.

   We are currently in the process of releasing backorders capability which is designed to help tracked inventory users approve a sales invoice even when there isn’t enough stock available at the time. When that happens, the stock you do have available is allocated first, and the remaining quantity is placed on backorder. As more stock comes in, Xero will then automatically allocate it to the oldest approved backorders.

   While this release doesn’t provide a way to reserve stock in advance for consignment, pre-orders, or particular customers and locations, it may still help some businesses that are currently needing to wait for stock to arrive before they can approve and… more

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   Susie Fang commented  ·  23 September, 2022  ·  Edit…  ·  delete…

   We have several items in our inventory that are kept in two separate locations - one in the United States, the other in Europe. We want to be able to know the amount in each location and when we invoice an item for it to be taken from the correct inventory. Can this be done in Xero? If no, what is the best recommendation for doing this? What app can someone recommend? Our inventory is limited to about twenty items and two locations so we do not need a complicated program.

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   Susie Fang supported this idea  ·  23 September, 2022