Master Records > Inventory

The Inventory Maintenance function allows you to create and maintain inventory records. These records are shared with the Sales Order, Accounts Receivable, and Inventory Control modules. Fields that are dependent upon certain modules can be edited only if that module is activated. These fields are noted in the succeeding sections.

When the Inventory Control module is neither installed nor activated, you can still create inventory item records as long as the Inventory Maintenance function is available in a module; however, there are limitations as follows:

•The system automatically provides a “Main” warehouse that you can use when you set up records and create transactions; it does not allow you to set up other warehouse records.

•The system automatically provides a “Master” bin in the “Main” warehouse that you can use when you set up records and create transactions; you cannot set up other bins in the “Main” warehouse.

•You can assign only the “Average” cost method in each inventory item record.

•You cannot enter a unit of measurement or barcode ID in the inventory item record.

•The feature to cross-reference your inventory items to the vendor’s inventory items is not available.

•You cannot assign lot, serial numbers or specifications to the inventory items; and cannot designate an inventory item as a kit item.

Activating the Inventory Control module allows you to define multiple warehouses; facilitates posting of the receipt, shipment and transfer of inventory items by warehouse; and supports the use of the Average, FIFO, LIFO, Lot Costing, Specific ID, and Standard cost methods for valuing inventory items.

With the Inventory Maintenance function, you can perform any of the following:

•Create Inventory Record

•Copy, Update, Delete or Archive Inventory Record

Note: Some data entered using the Inventory Maintenance function can be overwritten in transaction functions.

Inventory

Inventory

See Also