① Beginning Stock: Initial inventory is the inventory available for sale at the beginning of an inventory accounting period.
② Ending Stock: Ending inventory is the inventory available for sale at the end of an inventory accounting period.
For example: If the accounting period is from May 2, 2021, to May 8, 2021, the Beginning Stock is the stock available for sale in the selected warehouse at 23:59:59 on May 1, 2021. And the Ending Stock is the stock available for sale in the selected warehouse at 23:59:59 on May 8, 2021.
③ Stock-In Qty: The sum of the inbound quantity of Merchant SKUs in the selected warehouse during the accounting period. Stock-In Qty= Purchase receiving + Inventory Transfer receiving + Return receiving + Manual stock-in.
④ Stock-Out Qty: The sum of the outbound quantity of Merchant SKUs in the selected warehouse during the accounting period. Stock-Out Qty= Sales outbound + Inventory Transfer outbound + Manual stock-out.
⑤ Outbound Package: Packages of orders that have been successfully moved to 'To Pickup Orders' after clicking the 'Ship' button. One tracking number counts towards one parcel. One order number may include multiple packages due to order split.