Inventory Control  

The Inventory Control application allows the posting of issues and receipts and automatically calculates a weighted unit cost with each receipt posted.

This system will automatically request purchase orders from the Purchasing system. Reports include a Stock Status Report, Low Stock report with out-of-stock highlighting, and a Physical Inventory worksheet. Inventory Control passes transactions to the General Ledger system.

Inventory system features include:

Posting of receipts, issues, adjustments, and transfers
Automatic request for purchase order
multi-level retail pricing
Item selection by item number, description, or category
Retail price fixed or percent above cost
Item history reporting
Low stock reporting with out of stock indicator
Receiving by Purchase Order
Posts receipts to Purchasing
Item usage reporting
Physical inventory worksheet
Stock value reporting
Assemblies
Bill of Materials
Serialized inventory items
LIFO, FIFO, AVERAGE
Extended Descriptions

[ Back ]