Inventory Control

The AccountMate Inventory Control module includes capabilities designed to help you carry out the following:

•You can assign different cost methods for your inventory items.

•You can assign serial numbers to units of inventory items that use any cost method; and assign serial numbers for items during its shipment to customers.

•You can use bar code in inputting inventory items into the system and print these bar codes even with a regular laser printer.

•You can perform inventory counts anytime and as often as needed without interrupting the users’ shipping and receiving procedures.

•You can update automatically basic inventory prices and multi-level prices for all or a selected range of inventory items by applying a percentage or fixed amount to the current prices or costs of the items.

•You can adjust an inventory item’s quantity, unit cost or total value in a particular warehouse and bin.

•You can define also an unlimited number of substitute items for each inventory item.

•You can transfer inventory items between items, warehouses and bins.

•You can set up multiple warehouses, bins and unit of measurements.

•You will have easy access to inventory item information like on-order quantity, in-transit quantity, in process quantity, allocated quantity, on-hand quantity, booked quantity and available quantity.

To give you an idea of what is possible with the AccountMate Inventory Control module, we have put together a list of some of our key features.

oAssign Serial Numbers

You can assign serial numbers to inventory items set up as serialized and assign serial numbers by using any of the following functions:

•Assign Serial Number

•Amend Serial Number

oInventory Movement

You can move inventory items from one bin to another bin, from one warehouse to another warehouse, or from one item record to another. With this feature, repackaging of inventory item units is possible. You can perform inventory transfer through the following functions:

•Bin Inventory Movement

•Warehouse Inventory Transfer

•Receive Warehouse Inventory Transfer

oPhysical Inventory Count

You can perform physical inventory count anytime to reconcile the on-hand quantity of your inventory item units as recorded in the system against the actual on-hand quantity resulting from the physical count. You can perform this feature through the following functions:

•Freeze Inventory

•Input Physical Count

•Update Physical Count

•Clear Frozen Inventory

oInventory Adjustment

You can adjust an inventory item’s quantity, unit cost and total value using the Inventory Adjustment function. You can also post beginning inventory balances through this function.

In addition, if you have activated the Lot Control module, Item Specification module, and the Kitting module, you can perform the following functions:

oAssign Lot Numbers

You can assign lot numbers to lot-controlled inventory items by using any of the following functions:

•Assign Lot Number by Item

•Assign Lot Number by Purchase Order

•Assign Lot Number for Customized Kit Item

oBuild Kit Inventory Items

You can create kit formula composed of component items that may be sold as individual units. You can perform Kit-related transactions through the following functions:

•Kit Formula

•Build Kit Item

oInventory Specification

You can create specification codes and assign these codes to the inventory items through the following functions:

•Specification

•Inventory Specification