Inventory Management Software for Indian Businesses
Arthlekha tracks stock the way your accounts need it — every movement posted from the document that caused it, FIFO valuation that reconciles to your books, and optional location-wise stock for multi-godown businesses. Part of the same system as your GST invoicing, at ₹14,999 per year.
In short: inventory management software records what you hold, what moved, what it is worth and where it is. The part that matters for an Indian business is that stock and accounts agree — that the closing stock value in your balance sheet is the same number your stock register produces.
Stock and books in one system — no monthly reconciliation between two tools.
What it covers
| Capability | What it means in practice |
|---|---|
| Stock ledger | Every inward and outward movement, traced back to the invoice, bill, challan or journal that created it |
| FIFO valuation | Closing value computed first-in-first-out per product, and reconciled against the stock register |
| Opening stock | Entered once, dated to the day before your financial year starts, so it never inflates the year's gross profit |
| Stock journals | Adjustments, wastage, transfers and consumption, each a document you can inspect and reverse |
| Manufacturing | Bills of material, production entries that consume components and produce finished goods at the right cost |
| Location-wise stock | Optional. Per-godown or per-branch balances instead of one pooled figure |
| Barcodes | Optional module for scanning at billing and for label printing |
| Delivery challans | Goods that move without a sale — job work, branch transfer, approval — recorded properly, with the e-Way Bill raised against them |
The problem most inventory software leaves you with
Plenty of tools will tell you how many units you hold. Far fewer will make that number agree with your balance sheet at year end, because stock quantity and stock value are maintained separately and drift apart — a sales return posted to quantity but not to value, an opening stock entered on the first day of the year instead of the day before, a product deleted while its ledger entries remain.
Arthlekha posts the accounting entry and the stock movement from the same document, so they cannot disagree. Closing stock value in the register and in the balance sheet come from the same FIFO computation.
Manufacturing and job work
If you make things rather than only resell them, two situations decide whether the software is usable:
- Production. A bill of material defines what a finished item consumes. Recording production reduces the components and increases the finished goods, valued from the actual cost of what was consumed rather than a standing estimate.
- Job work. Material sent out for processing is still your stock, but it is not on your floor. It moves on a delivery challan, comes back on the job worker's, and the tax treatment differs from a sale — a distinction that trips up general-purpose inventory tools.
Multi-location stock
Location-wise stock is off by default, because most businesses do not need it and it complicates every screen. Switch it on and each godown, shop or branch carries its own balance, with transfers between them recorded as documents rather than as adjustments.
Reports you will actually use
- Stock register — opening, inward, outward and closing by product, for any period
- Stock summary — current holding and value across the business or by location
- Product register — every movement for one item, with the source document one click away
- Stock ageing — what has been sitting too long
- HSN summary — for your GST return, computed from the same stock and invoice data
It is not a separate purchase
Inventory is part of the same ₹14,999 per year plan as accounting and GST compliance — not a module priced on top. That matters because the value of stock software comes from being wired into invoicing and purchasing; a standalone stock tool just creates a second set of numbers to reconcile.
Frequently asked questions
Does it support multiple godowns or branches?
Yes, as an optional setting. Leave it off for a single-location business and stock stays simple; switch it on and every balance becomes location-aware.
What valuation method is used?
FIFO. Closing value is computed per product and reconciles to the stock register and the balance sheet.
Can it handle manufacturing?
Yes — bills of material and production entries that consume components and produce finished goods at actual cost.
Can I import my existing stock?
Yes. Opening stock can be imported from Excel, dated so it does not distort the year's gross profit.
Does it work with barcode scanners?
Yes, as an optional module — scanning at billing and label printing. It is off by default.
How do goods sent for job work get recorded?
On a delivery challan, which keeps the material in your stock while it sits with the job worker. You can generate one free on our delivery challan format page.
Put one month of stock movement through it
The only reliable test of inventory software is whether your closing stock reconciles at the end of a real month.