Inventory · linked to your books
Inventory management that stays in step with your books.
Track stock across locations, value it on FIFO or weighted-average, and let cost of goods post the moment you bill — GST-correct, with HSN on every item. Inventory lives inside your accounting, so stock and ledgers never drift apart.
- Reviewed July 2026
- 5 min read
- CA Anil Agarwal & the TatvaBooks team
What is inventory management software?
Inventory management software tracks the stock your business holds — how much you have, what it's worth, and how it moves in and out — so you can reorder on time, price correctly, and close your books with accurate stock. In India there's a GST layer on top: every item needs its HSN and rate, and the cost of goods has to post when you sell.
TatvaBooks handles inventory inside your accounting. Bill an item and stock, cost of goods and the GST invoice all move together — there's no separate stock register drifting away from your ledgers.
What it does
Stock that moves with your invoices
Bill a tracked item and stock comes down and cost of goods posts in the same entry — no separate stock register to reconcile at month-end.
FIFO or weighted-average valuation
Value inventory on a perpetual basis, the way your CA expects, so margins and closing stock are always right.
Multiple locations & godowns
Track stock by warehouse or shop with per-location quantities and valuation — know what's where and what it's worth.
HSN on every item
Each item carries its HSN and GST rate, so every invoice is GST-correct without a lookup — feeds straight into your returns.
Manufacturing (BOM + AS-2)
Define a bill of materials, post production, and value raw material, WIP and finished goods on an AS-2 periodic basis, conversion costs pooled in.
Purchases & payables
Record purchase vouchers with bill attachments; stock goes up and your payables and GSTR-2B reconciliation stay in step.
Stock and GST, never maintained twice
The reason inventory belongs inside accounting is simple: the two are the same data. Billing a tracked item on TatvaBooks brings stock down, posts cost of goods, and raises a GST-correct invoice with the item's HSN — one entry, not three. Purchases push stock up and feed your GSTR-2B reconciliation. Your closing stock and your margins are right whenever you look.
From a single shop to a factory
A single-location retailer tracks items with FIFO or weighted-average valuation. A distributor tracks stock across multiple godowns. A manufacturer defines a bill of materials and values raw material, WIP and finished goods on an AS-2 periodic basis. Same product, scaling with you — without an ERP price tag.
What it costs
Inventory with cost of goods is included from the Business plan at ₹599/month. Multi-location stock and manufacturing (BOM + AS-2) come on the Growth plan at ₹1,099/month — alongside your full accounting, GST and payroll, not as a separate inventory subscription.
Frequently asked questions
What is inventory management software?
Does inventory link to GST invoicing and accounting?
Which valuation methods are supported?
Can it handle multiple warehouses or shops?
Is inventory included in the price or an add-on?
Read next
Keep going.
Stock + books + GST, one product
Keep stock and books in one place.
Cost of goods on every sale, valuation your CA trusts, multi-location tracking — all inside your accounting. Start free and add inventory as you grow.