Setting up Inventory Control
You must set up the Inventory Control application after you have set up the Accounts Payable application. This procedure outlines the information you must define in the Inventory Control application.
The information you define includes setting up items and the stocking location of the items you are requesting.
Set up Inventory Control
| Use | To set up |
|---|---|
| Corporate Item Group (IC00.1) | Item groups. |
| Procurement Group (PO00.1) | The last requisition number. |
| Company (IC01.1) |
Inventory Control company, the available-to-allocate inventory calculation, the allocation method, and the allocation basis (Priority or Date). Online allocation takes place when the requisition is added. Batch allocation takes place when you run the batch allocation program in the Warehouse application and the items are available. With this method, the items are allocated based on the requested delivery date. |
| Location (IC02.1) | Inventory locations. |
| Cart/Par Location (IC81.1) | Par locations. |
| Location (IC02.1) Address tab | Address information for requesting locations to print on delivery tickets and Warehouse application pick lists, if applicable. |
| Location (IC02.1) Misc tab |
Process types. You must determine the steps required to complete the shipping process after an item is allocated. Allocation purpose, if applicable. |
| General Ledger Category (IC04.1) | General Ledger categories. |
| Purchasing Class (IC07.1) | Purchasing classes, if applicable. |
| Item Master (IC11.1) | Non-stock items or inventoried items. |
| Item Location (IC12.1) | Inventoried and non-stock items that are assigned a location using the Inventory Tracking flag. |
| Dictionary Setup (IC180) | Data dictionary, if applicable. |
| Handheld Processing Parameters (IC88.1) | Handheld terminal, if applicable. |
If your Inventory Control company requires the above information, it is required in the Requisitions application as well.
For more information, see the Inventory Control User Guide.