What is stock balance in SAP SBO - SAP Business One?

SAP Term: stock balance

• Component: SBO

• Component Name: SAP Business One

• Description: The quantity of items available in stock. This quantity is calculated as the closing stock of the previous period plus goods receipts minus goods issues.

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• Key Concepts: 
  Stock balance is a term used in SAP Business One (SBO) to refer to the amount of stock available for sale. It is the difference between the total amount of stock on hand and the amount of stock that has been reserved for orders or other purposes. The stock balance is an important indicator of the current inventory status and can be used to determine when additional stock needs to be ordered.
  
  How to use it: 
  In SBO, the stock balance can be viewed in the Inventory Management module. This module allows users to view the current stock balance, as well as the total amount of stock on hand and the amount of stock that has been reserved for orders or other purposes. The stock balance can also be viewed in reports, such as the Stock Balance Report, which provides a detailed overview of the current inventory status.
  
  Tips & Tricks: 
  It is important to regularly monitor the stock balance in order to ensure that there is enough inventory available for sale. If the stock balance falls below a certain level, it may be necessary to order additional stock in order to meet customer demand. Additionally, it is important to keep track of any changes in the stock balance in order to identify any potential issues with inventory management.
  
  Related Information: 
  In addition to monitoring the stock balance, it is also important to monitor other aspects of inventory management, such as reorder points and safety stocks. Reorder points are used to determine when additional stock needs to be ordered, while safety stocks are used to ensure that there is always enough inventory available for sale even if there are unexpected changes in demand.