Inventory control

Inventory Transaction Entry

 Last Revised: 01/07/14

In this program, the operator can record inventory transactions that cannot be found in Purchase Order Processing, Sales Order Processing, or Vendor Returns Processing, including adjustments, vendor return replacements, general ledger adjustments, assortment building/breaking, and transfers to another warehouse (when a company does not use Transfer Order Processing applications).

Inventory Transaction Entry Options
Inventory Adjustments (Shrinkage)
  • If an item is inexplicably missing or has been given to a customer free-of-charge, this transaction entry option will be necessary.
  •  
  • 1. Indicate the transaction date.
  • 2. Specify the warehouse.
  • 3. Type in/search for the item to be adjusted.
  • 4. Indicate how many items will be added to/subtracted from the inventory.
  • 5. Type C to Change the item or D to delete it. Otherwise, hit enter.
  • 6. Type in any other items to be added or hit F4.
    		•
    Vendor Return Replacements
  • If a vendor replaces an item because the original one was defective, this transaction entry option will be necessary.
  •  
  • 1. Indicate the transaction date.
  • 2. Specify the warehouse.
  • 3. Type in/search for the item to be returned.
  • 4. Indicate how many items will be returned to inventory from vendors.
  • 5. Type C to Change the item or D to delete it. Otherwise, hit enter.
  • 6. Type in any other vendor return items or hit F4.
    • General Ledger Adjustments
  • If your company has used items for its own purposes, use this transaction entry option.
  •  
  • 1. Indicate the transaction date.
  • 2. Specify the warehouse.
  • 3. Type in/search for the item to be adjusted.
  • 4. Indicate the amount to be added or subtracted.
  • 5. Type C to change the item or D to delete it. Otherwise, hit enter.
  • 6. Type in any other items to be adjusted or hit F4.
    • Build/Break Assortment
  • If an assortment needs to be built or broken apart, this transaction entry option will be necessary.
  •  
  • 1. Indicate the transaction date.
  • 2. Specify the warehouse.
  • 3. Type in/search for the assortment to build or break from.
  • 4. If you want to break assortments, type in a negative amount. If you want to build one, type in a positive amount.
    		•
    Transfer to another warehouse

    This transaction entry option will only be necessary if your company does not use Transfer Order Processing applications.

     

    1. Indicate the transaction date.

    2. Specify the "from" warehouse.

    3. Specify the "to" warehouse.

    4. Type in/search for the item to be transferred.

    5. Indicate how many items will be transferred.

    6. Type C to Change the item or D to delete it. Otherwise, hit enter.

    7. Type in any other transfer items or hit F4.