Inventory

Inventory and stock accounting software

Track stock and let every sale and purchase update your inventory value and cost of goods automatically.

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How it works

  1. Add your items, or import them all from the Excel template, with cost, price and opening stock.
  2. Record purchases. Stock goes up and the inventory account is updated.
  3. Record sales. Stock goes down and cost of goods sold is posted for you.
  4. Compare the stock list with the inventory account. They agree.

What you get

  • ✓ Items with cost, price, tax and opening stock
  • ✓ Bulk item import and bulk edit from Excel templates
  • ✓ Cost of goods sold posted automatically on each sale
  • ✓ Inventory value that matches your balance sheet
  • ✓ Purchase orders from the Growth plan
  • ✓ Advanced inventory controls on the Advanced plan

Stock and accounts stay in step

When you sell 10 units at a cost of 40, cost of goods rises by 400 and inventory falls by 400 in the same moment. You never keep a separate stock sheet that drifts from your accounts. See pricing for the plans that include purchase orders and advanced controls.

Questions

Does it work out cost of goods sold?

Yes. Each sale posts cost of goods and reduces inventory using the item cost.

Can I load all my items at once?

Yes. Use the Excel template to import items with opening stock, or to edit many items together.

Which plan has purchase orders?

Inventory and purchase orders are on the Growth plan at £19 a month.

Last reviewed 1 November 2026. See also tax tools for all countries, pricing and features.

Track your stock free

Free plan: 1 user, 1 company, 500 invoices a year. No credit card required. We are here to help if you get stuck.

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