Real inventory, on real books.

Quantities, weighted average cost, and COGS — automated. Nefin posts the journal entry on every sale and every receipt.

  • Quantity on hand per item
  • Weighted average cost (WAC)
  • COGS posts on every sale
  • Movement history per item

What you get

Stock counts, weighted average cost, and COGS — without a separate system.

Stock you can trust

Live quantity on hand, updated by every sale, return, and adjustment.

Weighted average cost

Receipts roll into a clean WAC; sales pull from it. No FIFO/LIFO drama.

COGS, posted

Each sale automatically posts DR COGS, CR Inventory at the right cost.

Movement history

Every receipt, sale, return, and adjustment is on the item's movement log.

How it works

  1. 1

    Mark items as tracked

    Flip an item to inventory-tracked. Set the inventory and COGS accounts.

  2. 2

    Receive stock

    Bills with inventory items increase quantity and roll into the WAC.

  3. 3

    Sell stock

    Invoices and POS sales reduce quantity and post COGS at the current WAC.

  4. 4

    Adjust when needed

    Damages, counts, transfers — adjustments are first-class, with a memo and audit trail.

Frequently asked

Does Nefin support FIFO or LIFO costing?

Today, weighted average cost only. WAC is a clean, defensible default for most small businesses.

Can I run a stock count and adjust?

Yes. Stock counts produce adjustment entries that post to a configurable inventory-adjustment account.

Does the desktop POS update inventory?

Yes. POS sales sync to Nefin and reduce inventory + post COGS exactly like invoice sales.

Ready to run cleaner books?

Open Nefin in minutes. No credit card required.