Posting Count Quantities

The physical inventory count posting process posts the quantities of all physical inventory to the Quantity On-Hand field for each inventory item, and creates entries to the journal for any adjustments.

Before Posting Count Quantities

Before running this activity, we recommend you run these reports/activities to generate an accounting audit trail for visibility for count discrepancies:

Inventory Pre-adjustment Report: This report provides a listing of entered quantities and highlights any discrepancy between the quantity on-hand and the physical inventory count.
Physical Inventory Approval: Changes the status of any physical inventory record, except those that have a status of Uncounted, to a status of Approved. Records must be approved before they can be posted. After they are approved, they can no longer be updated or voided.

Accept default selection criteria on each report.