Inventory Item Entry
The Inventory Item Entry program provides the ability to add and change valid inventory items. Inventory item valuation, pricing, default warehouse, unit of measure, etc. are defined. Pictures of items may also be stored. |
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Transaction Processing
Inventory transactions such as purchases, sales, receipts, transfers, and adjustments may be entered directly into the Inventory module. |
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Bill of Materials
Bill of materials may be used to define inventory kits. A kit can contain any number of components with up to 99 levels. |
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Multiple Warehouses
Inventory items may be located and tracked in multiple locations. Bin locations and reorder quantities may also be defined. The quantity on sales order, purchase order, received, on hand, and available is displayed for inquiry. |
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Item Pricing
Pricing by item and customer price level or customer specific pricing can be defined for up to five quantity breaks. Price methods may be based on discount percent, percent markup of cost, or price override amount. |
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Inventory System Options
Up to ten user-defined fields can be defined for use in Inventory Item Entry. |
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Product Line Entry
Inventory items can be grouped into product lines that share the same General Ledger posting accounts. Default item information such as valuation method, units of measure, price codes, etc. can be defined to simplify item entry. |
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Physical Inventory Counts
The Physical Inventory function creates inventory count worksheets, enables entry of physical inventory counts, details quantity variances, and adjusts inventory quantities. |
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Item Valuation Report
The Item Valuation Report lists the value of inventory items on hand by warehouse. |
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Inventory Reorder Report
The Inventory Reorder Report lists the quantity on hand by warehouse and suggested reorder quantities based upon the user-defined reorder method. |
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Inventory Movement Report
The Inventory Movement Report provides an audit trail of all transactions that impact inventory quantities. On-hand quantities may be printed for any present or prior period. |
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Automatic Purchasing
Purchase orders may be created automatically when item quantities fall below defined levels. |
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General Ledger Postings
All inventory transactions are automatically posted to the General Ledger. |
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