If the warehouse dispatches 100 glass bottles but only 96 arrive intact at the outlet, what happens to the missing 4? BPS POS In-Transit Loss Reconciliation records the discrepancy and posts the loss to carrier or shrinkage expense.
Figure: BPS POS In-Transit Stock Losses and Reconciliation in BPS POS.
Reconciling Transit Discrepancies
Follow these step-by-step instructions inside your BPS POS dashboard to configure and operate this workflow seamlessly:
- During Receiving: Branch manager enters actual verified received quantity (e.g. 96 out of 100).
- Discrepancy Wizard: BPS POS flags a 4-Unit Discrepancy Alert.
- Allocate Loss Reason: Choose Broken in Transit, Courier Loss / Stolen, or Supplier Short Packing.
- Assign Financial Liability: Choose to bill the courier driver or write off as company transit loss.
- Finalize: Receiving branch stock increments by 96, and 4 units are logged in the Freight Loss Audit Register.
BPS POS Pro Tip & Best Practice
Monthly Freight Loss Reports help you claim insurance compensation from third-party logistics and trucking companies.
Why This Workflow Matters for Your Business
Lightning-Fast Operations
Eliminate cashier bottlenecks, reduce customer waiting times, and handle peak rush hours effortlessly.
100% Financial Accuracy
Automate tax math, stock deductions, and ledger balances to eliminate human calculation mistakes.
Frequently Asked Questions (FAQs)
Will the central warehouse show a shortage if units were lost in transit?
No. The warehouse records show 100 dispatched, the branch shows 96 received, and 4 are cleanly accounted for under Transit Loss.
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