Inventory Control automatically tracks inventory balances, lots, and product line information and prints extensive reports to analyze and control you inventory.  Inventory Control features can be selected individually for each item.  All balances are updated in real-time for up-to-the-minute on-screen access.

Features of Inventory Control

• Creates multiple price codes for items based on either Dollar or Percent Markup, Discount, or Fixed price.

• Tracks lot items when stores, ordered, and shipped.

• Automatically calculates and prints a batch of inventory items that need to be transferred to a remote warehouse to fulfill daily sales orders that are marked for distribution from that warehouse.

• Enables “repacking” of inventory items into different sellable units of measure.

• Lets you define the unit of measure by which you stock, purchase, and sell inventory items.

• Negotiated prices for particular customers are supported with price schedules assigned to a specific customer and item combinations.

• Links to General Ledger by storing a unique set of default accounts for each item at each location.

• Performs dollar or percentage mass cost and price changes on any group of inventory items.

• Provides 36-month inventory sales/usage history complete with graphs.

• Rule tables validate data entry to inventory item class, stock locations, and unit of measure.

• Real-time Business Status Report provides immediate status for Current Balance, Inventory Value, Period-to-Date Gross Margin, Billings, Receipts, Discounts, and Cost of Goods Sold when used with Accounts Payable, Purchase Orders, Sales Orders, and Accounts Receivable. 

• Allows multiple suppliers for the same inventory item.

• Automatically updates inventory balances with information from Sales Orders, Purchase Orders, and Accounts Receivable.

• Notes file provides information on each inventory item.

• Displays on-line sales history information for existing inventory items.

• Supports Standard Cost, Average Weighted, and LIFO inventory valuation methods.

• Tracks unlimited inventory locations and two types of storage divisions within each location.

• Prices updated to market price, actual price, restaurant price, etc. are automatically posted from Purchase Orders.

Standard Reports

Each report may be customized from a matrix of user-selected options, displayed, printed, exported to a spreadsheet, or saved on disk.  Some of the reports included are:

• Inventory Journal Report

• Inventory Transfers Rreport

• Inventory Analysis Report

• Inventory Valuation (Summary or Detail)

• Recommended Reorders

• Inventory Worksheets & Suppliers

• Lot Status and Lot Activity Report

• General Ledger Link Codes

• Business Status Report