Micronet enables you to track serial numbers (or batch numbers) for your stock items.
Every time stock of a FIFO (First In First Out) item is received, a new FIFO record is created in Micronet for the item which includes the date of the receipt, the item cost and any item serial numbers. Therefore, a FIFO item can have multiple FIFO records (dates of receipt) and each FIFO record can have multiple serial numbers recorded against it.
You can enable FIFO for individual stock lines of for all stock lines in Micronet. Enabling FIFO for individual stock lines enables serial number tracking on a per item basis so that you don't need to have serial numbers activated for normal stores stock such as tools, fasteners, skylights, etc.