Good inventory software for a shop creates stock from purchase bills, reduces it with every sale, shows what is running low, values stock at cost and shows each item's movement. FundRaksha Book does this batch by batch, with a stock summary valued at cost and a day-wise product ledger. It does not handle multiple godowns, expiry dates or stock transfers.
What shop inventory software should do
- Stock in from purchases. One entry of the supplier bill should add stock and set prices.
- Stock out from sales. Every bill reduces stock at once.
- Batch-wise cost. When the supplier's rate changes, old and new stock carry their own cost, so profit is right.
- Low-stock list. What to reorder before the customer asks.
- Stock value. For your balance sheet, your bank and your own peace of mind.
- Item movement. When stock does not match, a day-wise ledger shows where it went.
How FundRaksha Book handles stock
In Book, a purchase entry is where inventory starts. Each line names the item, unit, quantity, cost, GST rate and profit %; Book creates or matches the product and adds a batch with that cost and selling price. Each sale draws from the batch you scan or pick, so the stock of every batch is exact.
The stock summary shows quantity and value at cost across all batches; from it you can open a product to see its day-wise stock movement or correct its name, HSN code, GST rate or unit. The home screen lists batches with 5 or fewer units left. Reports export to CSV, Excel or PDF.
What Book leaves out: multiple godowns or branches, stock transfers, expiry dates, size and colour variants, and per-item reorder levels. The low-stock list uses one fixed threshold. A purchase whose stock has partly been sold cannot be edited; you record a correcting entry instead, which keeps the history honest.
FundRaksha Book is free for the first 300 invoices, with every feature switched on and no card needed. Sales and purchase invoices both count. After that, Pro is ₹999 a year for unlimited invoices, paid by UPI, card or net banking; the site says prices include applicable taxes as charged at checkout. See book.fundraksha.com.
Worked example: batch cost and profit
A shop buys 20 units of a steam iron at ₹800 in July and 20 more at ₹860 in September, selling both at ₹1,000 plus GST.
| Batch | Cost | Sell | Profit per unit |
|---|---|---|---|
| July | ₹800 | ₹1,000 | ₹200 (20% of selling price) |
| September | ₹860 | ₹1,000 | ₹140 (14% of selling price) |
If the shop sells 5 from each batch in October, its profit on goods is 5 × 200 + 5 × 140 = ₹1,700, not 10 × 200. Book keeps the two batches separately, so the profit report shows ₹1,700. Book takes profit % as a share of the selling price, so the margin never surprises you.
What to check when choosing
- Do you have one shop or several godowns? Book suits one location.
- Do you need expiry dates (pharmacy, packaged food distribution)? Book does not record them.
- Do you need variants such as size and colour? In Book they are separate items.
- Is stock valued batch by batch at cost, so profit is right when supplier prices change?
A monthly stock routine
- Enter every purchase bill the day it arrives.
- Bill everything through the software, including staff and family use (bill it at cost, or note it).
- Once a month, count your top 50 items and compare with the stock summary.
- For any gap, open the product ledger and check the days around it.
- Export the stock summary at year end for your CA.
Sources
Last reviewed: 2026-10-21. Information for Indian businesses; not legal advice.