Field Notes

Hardware Stores

Inventory, customer credit, GST billing and distributor payments.

Hardware Store toolbox

HARDWARE STORES2 MINFast-Moving vs Slow-Moving Hardware Inventory (and What to Do About Dead Stock)Two simple classifications, ABC by value and FSN by movement, and how to use them to decide what to stock, count and clear.
HARDWARE STORES3 MINGST Invoice Format for Hardware Stores: What Every Bill Must ShowThe mandatory fields of a tax invoice, HSN digits, CGST + SGST vs IGST, numbering, small sales and returns, in plain language.
HARDWARE STORES2 MINHow to Manage Hardware Store InventoryWhy stock never matches in a hardware store, and a daily, weekly and quarterly routine that keeps the count right.
HARDWARE STORES2 MINHow to Track Customer Credit (Udhaar) in a Hardware BusinessCredit limits, following up by the age of the balance, part payments and the one rule that stops bad debt before it starts.

In preparation

NANDIX TOOLSCounter maths for hardware retailers.Margins, selling prices and reorder levels, GST handled correctly.