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<< Click to Display Table of Contents >> Install Inventory Control Module |
  
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<< Click to Display Table of Contents >> Install Inventory Control Module |
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This section discusses the procedures for installing the Inventory Control (IC) module in AccountMate Enterprise.
Important points to remember in the installation of the IC module:
1.Before installing the module, verify that your hardware and software resources meet the minimum requirements.
3.Be sure to install the license file before the expiration of the demo software.
4.Set up the live company.
5.Set up the group and user access rights.
6.Set up the fiscal period table.
IC Module as an Integrated Module
If the General Ledger (GL) module is activated in the system, it must be the first module you set up in AccountMate Enterprise. The system does not allow you to set up any other modules until after you have completed the following steps:
1.Set up the GL module parameters within which you can utilize the GL module using the GL Module Setup module.
2.Create your company's Chart of Accounts and set up all the GL account IDs that will be used in the Inventory Control module.
3.Assign specific GL account IDs that will become the default accounts used in various IC related transactions using the GL Account Selection function. GL account IDs for the following accounts must be set up:
•Inventory (Stock)
•In-transit Inventory
•Inventory (Non-Stock)
•Inventory Adjustments
•Cost Variances
•Inventory Transfer Variances
•Lost Transferred Inventory
After performing the steps above, you can proceed to set up the IC module. Once you have activated the Inventory Control (IC) module, it is automatically integrated with the GL module. Integrated modules can transfer or post GL account transactions in GL to any period of the future, current and prior fiscal year, except for restricted posting periods.
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General Guidelines in IC Module Implementation
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