Stock Control 5 min read• Updated October 2026

How to Manage Items, Inventory, HSN Codes & Low-Stock Alerts

Organize your products and services in a centralized catalog. Track inventory counts in real time, automate stock decrements upon invoicing, and set up HSN/SAC codes for effortless GST compliance.

Guide Overview & Quick Facts
Screen Guide
Estimated Time 5 min read
Steps to Complete 5 Action Steps
Target Workspace ScreenItems & Inventory
Path: /business/itemsOpen This Screen in InvGear

Prerequisites: What You Need Before You Start

  • Registered business account.
Step-by-Step Instructions Box

Standard Operating Procedure

Execute these 5 sequential steps to complete the workflow without compliance errors.

5 Steps Total
1

Open Items & Inventory

Step 1 of 5

Click 'Items & Inventory' in the sidebar (/business/items).

2

Add a New Item

Step 2 of 5

Click '+ Add Item'. Choose whether this is a 'Product' (tangible goods with stock tracking) or 'Service' (consulting, gym memberships, etc.).

3

Assign HSN / SAC Code

Step 3 of 5

Enter your 4 to 8 digit HSN code for goods or 6 digit SAC code for services (e.g., 999723 for gym memberships). Use the built-in HSN search if unsure.

4

Configure Pricing & Tax

Step 4 of 5

Set the Selling Price, Purchase/Cost Price, and default GST Rate (0%, 5%, 12%, 18%, 28%).

5

Set Initial Stock & Low-Stock Threshold

Step 5 of 5

For physical goods, enter opening stock quantity and a reorder alert level (e.g., alert when stock falls below 10 units).

Pro Tips for Maximum Productivity

  • For Gym businesses, add pre-packaged plans directly from the Gym Operations page with pre-filled SAC 999723.
  • Use barcode or SKU numbers in the SKU field for lightning-fast item lookup during point-of-sale checkout.

Frequently Asked Questions

Quick answers to common questions about using this screen.

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