Inventory Control company

An Inventory Control company is an organizational structure that holds your inventory locations. The Inventory Control company is defined from an existing General Ledger company. You assign an item group, Inventory Control locations, report groups, period end dates, and bin usage types to your Inventory Control company.

During Inventory Control company setup, you make a decision about which type of document numbering to use, automatic or manual numbering. If you choose automatic numbering, the application automatically numbers Inventory Control documents (helping to avoid duplicate numbers). You must also then choose numeric document numbers. With automatic numbering, you can enter the last used numbers for some or all of the following kinds of documents:

• receipts

• issues

• transfers

• intransit receipts

• adjustments

• bin transfers

If you choose manual numbering, you manually type document numbers for all Inventory Control transactions, and cannot enter last used numbers for documents during company setup.

After documents have been created, you can change the document numbering method. You cannot change the method if any unreleased documents exist.