Articles
Physical Inventory Overview
Taking a physical inventory is typically a major event for most companies. It requires precise planning and execution to obtain and record an accurate count of your inventory parts. Below is a checklist of things to consider when preparing for a ...
Abandon Physical Inventory
If a company does not wish to complete and post the variances of a physical inventory, they may abandon the physical. Abandoning a physical inventory will delete the physical inventory – no changes will be made to on-hand quantities or amounts. To...
Add a Physical Inventory
To begin a new Physical Inventory, navigate to Inventory > Warehouses. The Warehouses list will be displayed. Click on the hyperlink in the Warehouse Code column of the warehouse for which you are conducting a physical inventory. The Warehous...
Enter Part Counts and Complete the Physical Inventory
Once the physical count has been completed, users may enter the quantities of parts recorded on the printed count sheets. To enter the physical inventory counts, navigate to Inventory > Warehouses. The Warehouses list will be displayed. Click on ...
Inventory Adjustment
Users are able to perform an adjustment to a part. This could be to change the current on-hand quantity and/or the rate (unit value) of the part. To make a part adjustment, navigate to Inventory > Warehouses. The Warehouse list will be displayed....