As we discussed in the **Item** section, if an **Item** is *serialized*, a **Serial Number** (Serial No) record is maintained for each quantity of that **Item**. This information is helpful in tracking the location of the Serial No, its warranty and end-of-life (expiry) information.
**Serial Nos** are also useful to maintain fixed assets. **Maintenance Schedules** can also be created against serial numbers for planning and scheduling maintenance activity for these assets (if they require maintenance).
You can also track from which **Supplier** you purchased the **Serial No** and to which **Customer** you have sold it. The **Serial No** status will tell you its current inventory status.
Inventory of an Item can only be affected if the Serial No is transacted via a Stock transaction (Stock Entry, Purchase Receipt, Delivery Note, Sales Invoice). When a new Serial No is created directly, its warehouse cannot be set.
### Using Serial Nos
To add a Serial No to a stock transaction, you can set the Serial No in the serial no field:
![Serial No Entry](img/serial-no-entry.png)
### Creation
Serial Nos can automatically be created from a Stock Entry or Purchase Receipt. If you mention Serial No in the Serial Nos column, it will automatically create those serial Nos.
### Automatic Series
If in the Item Master, the Serial No Series is mentioned, you can leave the Serial No column blank in a Stock Entry / Purchase Receipt and Serial Nos will automatically be set from that series.
Serial Nos are a useful tool for tracking different kinds of Items, by using it along with Custom Fields. For example, in our internal system at Web Notes, each ERP account is a Serial No, with type of user “Plan” as the Item, its expiry date, whether it is Trial or Paid and other details as Custom Fields.