Purpose

The Optional Inventory Module is used to manage and maintain detailed Inventory. Authorized personnel are allowed to enter and maintain Inventory, Invoices, Groups, Inventory Items, Subgroups, Units and Vendors. Standard inventory formulas are used for calculating inventory (Starting Inventory + Purchases – Sales = Projected Ending Inventory and Actual Inventory – Projected Ending Inventory = Variance).

 

The Inventory Module is not a stand-alone operation. Before you begin, it would be a good idea to become familiar with the major functions of this module. The reports for Inventory are configured in Reports > Setup.

 

Figure 4.0 Inventory Menu List

 

Figure 4.1 Inventory Menu List Options

Option	Description
Enter Inventory	Enter Inventories.
Enter Invoices	Enter Invoices.
Groups	Setup Inventory Groups.
Inventory Items	Setup Inventory Items.
Subgroups	Setup Inventory Subgroups.
Units	Setup Inventory Units.
Vendors	Setup Inventory Vendors.

 

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