Inventory transactions

An inventory transaction is any activity that affects the quantity of parts in a stock area or location, such as issuing parts, receiving shipments, assembling part kits, and transferring parts between stock areas.

When you perform an inventory transaction, Infor Public Sector automatically calculates the number of parts on hand and the cost of the transaction. You can use the Transaction InfoViewer to view a transaction.

You can perform these types of transactions in Infor Public Sector:

  • Issue: Used to distribute parts from your inventory to employees.
  • Receipt: Used to receive new inventory from vendors or manufacturers.
  • Transfer: Used to move parts from one location to another.
  • Reserve: Used to set aside a number of parts for designated employee.
  • Direct Shipment: Used to receive parts that are delivered directly to work sites or other locations, rather than to a stock area.
  • Adjustment: Used to change the quantity of parts on hand to correct for miscalculations or losses.
  • Assemble: Used to collect the parts from your inventory that make up a part kit.
  • Disassemble: Used to return the parts in a kit to their original stock areas.
  • Return: You can create return from issue receipt reserve.
  • Average Cost Adjustment: Used to adjust the average cost of a part in a stock area.