Physical Inventory Method

A physical inventory method is the way a physical inventory is carried out. M3 contains these methods:

Description

A cyclic physical inventory is a good method for taking inventory, allowing you to repeatedly check on-hand balances. You can supplement it with a periodic physical inventory for inventories that lie outside the normal pattern.

A zero-point physical inventory is suitable for high-volume items or items stocked at numerous locations.

A physical inventory based on deviation targets possible stock inaccuracy due to errors in reporting during the distribution order process. We recommend that you use this in warehouses that serve as large distribution centers, from which goods are distributed to other warehouses.