Inventory management

Know what is on your shelf, and what it is worth.

Every carton, bag and piece you buy is money sitting in your shop. ProfitNaija keeps a running count of your products and shows the value of the stock you hold, so restocking stops being guesswork.

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ProfitNaijaSummary

Indomie (carton)14 left
Peak Milk tin36 left
Golden Penny Semovita 1kg3 left
Total stock value₦487,920

Example product list for illustration

A product list that stays current

Add each product once with its cost price, selling price and quantity. When you record a sale of that product, the quantity comes down, so the count on screen reflects what should be on your shelf.

Cost price and selling price for each product
Quantities that reduce as sales are recorded
Easy updates when new goods arrive

Stock valuation without a calculator

ProfitNaija values remaining stock using its recorded purchase cost, including allocated material, handling and carriage costs—not its selling price. See the quantity and carrying value of each product, and the total stock value as of your selected date.

Spot what is running low

Scan your list to see which products are nearly finished before a customer asks for one you no longer have. Restock the fast movers and think twice about the ones that sit.

Connect stock to profit

Because each product has a cost and a selling price, your sales records can show the margin you make, not just the cash that came in. See how this feeds into profit on the sales and profit tracking page.

Set up your stock in an afternoon

1
List your products
Name, cost price, selling price and how many you have.
2
Sell as usual
Record each sale and quantities update for you.
3
Restock with facts
Check counts and stock value before you buy again.

Common questions

What kind of businesses is this for?: Any small business that buys goods to resell, such as minimarts, provision stores, pharmacies, cosmetics shops, boutiques and market traders.
What happens to quantities when I sell?: When you record a sale against a product, its quantity reduces by the amount sold.
How is stock value worked out?: Stock value uses the quantity remaining and its recorded carrying cost, including allocated purchase-related costs. It is not the amount you would receive by selling every item. Accurate purchases, sales and stock records keep the valuation useful.

More ProfitNaija features

Accounting recordsKeep clear business records in Naira. ProfitNaija helps Nigerian SMEs record sales, expenses and stock, then view and export simple financial reports on web and mobile.Sales, expense and profit trackingRecord every sale and expense in Naira and see your revenue and profit by day, week or month. ProfitNaija gives Nigerian small businesses clear profit numbers on web and mobile.Invoices and customer debtsShare customer invoices, record credit sales and repayments, and keep track of outstanding debts. ProfitNaija helps Nigerian businesses see what customers still owe.

Put your shelf on your phone.

Add your products to ProfitNaija for free and see your stock value today.

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