Product inventory receipts allow iMIS Orders to record and track your physical product inventory accurately and efficiently. Inventory receipts are recorded when a product is received in inventory, and receipts can be entered only for stock items that have an Active, Inactive, or Out of Production status.
When entering product inventory receipts, enter the transaction date, invoice number, description, and quantity received in inventory for a specific product. When an inventory receipt is entered, a transaction number is generated automatically as a reference for the receipt. When inventory receipts are posted, iMIS automatically updates and adjusts your product inventory records.
To ensure accurate inventory records, manually posting inventory receipts is recommended because it provides an opportunity to review the receipts before they are posted. This helps prevent entering any inadvertent updates or changes. To post inventory receipts manually, disable the Automatically Post Inventory Receipts/Adjustments option on the Inventory System Setup window (from Orders, select Set up module, and click ).
Your method of storage determines how inventory receipts are entered. If an individual product is stored in a single storage facility, you only need to enter a single inventory receipt for a product. If an individual product is stored in multiple warehouses, you have the ability to enter inventory receipts for each warehouse in which a product is stored. In order to record inventory receipts for products stored in multiple warehouses, the Enable Multi-Warehouses option must be enabled on the Inventory System Setup window.
10.6 Production Release. Updated 7/15/2005 2:04:39 PM
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