Inventory Management

FuelCloud makes it easy to manage your current fuel levels. FuelCloud is based on a theoretical inventory. This means it calculates inventory based on the starting gallons minus transactions plus any fills. Keep in mind when fills are logged online, they are time and date stamped the day you enter them.

Inventory Adjustment

If you need to adjust your current or past inventory, you can do so under Manage > Tanks > Settings > Inventory Settings. Any changes made here will add an event transaction under your tank's activity log. 

You can also adjust your inventory under Manage > Tanks > Choose a Tank > Activity > Add Transaction > Inventory Adjustment. This change will add an inventory adjustment transaction under your tank’s activity log. 

Price Adjustment

If you need to adjust your current or past fuel prices, you can do so under Manage > Tanks > Settings > Inventory Settings. Any changes made here will add an event transaction under your tank’s activity log. 

You can also adjust your fuel price under Manage > Tanks > Choose a Tank > Activity > Add Transaction > Price Adjustment. This change will add an inventory adjustment transaction under your tank’s activity log. Once you add a price adjustment, it cannot be deleted. 

Any changes to your transactions in the past will not automatically update your current inventory. You will need to reconcile the transactions to update your activity table. Follow the Inventory Reconciliation instructions for further information: https://help.fuelcloud.com/hc/en-us/articles/6799058003731-Inventory-Reconciliation-

You can add a physical tank monitor to your system to improve accuracy. See our device management page to go over tank monitor options.