Inventory Control

Inventory Control automatically tracks inventory balances, serial numbers and lots, and product line information.

Plus, it prints extensive reports allowing you to easily analyze and control your inventory.

The above image shows a dashboard of shortcuts to some of Inventory Control options, providing you with the most current information at all times.

All balances are updated in real time for up-to-the-minute, on-screen access.

Main features Inventory Control

• Supports LIFO, FIFO, Average Weighted and Standard Cost inventory valuation methods

• Tracks virtually unlimited inventory locations (multi-warehousing)

• Tracks and reports on user-defined stores and bins

• Tracks costs at inventory locations

• Tracks serial numbers and lot items when stored, ordered and shipped

• Tracks and reports on user-defined inventory product lines

• Define units of measure for stock, purchase and sell inventory factors

• Multiple price schedules can be created for items based on Markup, Discount or Fixed price methods, with options for dollar amounts of percentages and for as many as six quantity breaks per price schedule (pricing promotions can expire automatically)

• Supports different settings at item level such as item type (asset, expense, inventory), taxable item, item class, miscellaneous code, commodity code, and more, which assist in inventory categorizing and reporting

• Cycle counts ensure accurate inventory quantities by periodically checking designated high-cost and high-turnover items, without interrupting receipt or shipment entry activities

• Links to General Ledger by storing a unique set of default accounts for each item at each location

• Performs dollar or percentage mass cost and price changes to one or more group of inventory items

• Provides 36-month inventory sales/usage history complete with graphs

• Real-time Business Status Report provides immediate status of Current Balance, Inventory Value, Period-to-Date Gross Margin, Billings, Receipts, Discounts and Cost of Goods Sold when used with Accounts Payable, Purchase Orders, Sales Order and Accounts Receivable

• Allows multiple suppliers for the same inventory item

• Notes file provides information on each inventory item

• Displays online sales history information for existing inventory items

• Item Cost is maintained by location; the average, standard and last receipt cost for each item is stored at each location

• Serial Number Audit Trail provides an audit trail for multiple receipts of the same item/serial number

• As-of On-hand Inventory reporting pro-vides the ability to specify a prior date and produce the report as of that date

• Stores and displays images of your inventory items

• Kitting feature that allows you to “build” a new inventory item using several inventory items

• Stock-Taking Manager, perform stock count without closing your operation

 

Standard Reports

Each report may be customized from a matrix of user-selected options: displayed, printed, exported to a spreadsheet, faxed, sent via e-mail or saved on disk. Some of the reports included are:

  • Inventory Analysis Report
  • Item Listing Report
  • Inventory Control Journal Report
  • Inventory On Hand Report 
  • Inventory Suppliers Report
  • Inventory Receival/Issue/Transfers Report
  • Inventory Physical Worksheets
  • Inventory Adjustment Report
  • and many more...