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Stock valuation

The system has been designed to enter quarterly stock take data & valuation stock based on receipts (CCIs) for the year based on FIFO logic.

1. Stock take data entry

  1. Entry of RM, FG, WIP, Supplier & branch stock cards

2. Provision to transfer stock data into

  1. Inventory as RM stock
  2. MRP as WIP
  3. OPC as supplier stock

3. Valuation of RM based on FIFO logic as specified in stock valuation policy.


4. Valuation of WIP based on RM rate & Bill of Material


5. Reports & queries

  1. Stock valuation query details item stock, rates & CCIs
  2. CCI/ GRA list
  3. FG, WIP valuation report
  4. CCI/ GRA list
  5. RM valuation report
  6. Statement of issues
  7. Schedule 6 report

IQTek Retail


For big retailers & retail chains, now is the time to get rid of insecure foxpro based point of sales packages.

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Complete internet based solution for multi store operations with scheme & loyalty programs.

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Jewellery order management system - B2B


Complete web based solution for order capture & execution helping wholesalers/ manufacturers in extending the manufacturing services to far off retailers.

Web based Catalog - B2B


Days of insecure method of publishing catalog by distributing cd are gone.

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Customer can search items based on specific criteria and with rought calculation of Fine.

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Mobile assistant for knowing customer account status on move.

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For ply, Laminate & timber stock managment & accounting on latest .NET platform, available at introductory price.

Available on internet based model for multi godown configuration.

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Mobile assistant for knowing customer account & stock status on move to salesperson