Introduction to the Inventory module

An inventory is a list of all the goods and materials held by your organization for future sale or use, in other words, a list of all those items held in stock.

Using the inventory functions you can control these goods and materials, trace their whereabouts and ensure you have the correct amount of each item available.

At the implementation stage of your system, the Inventory Business Setup and Item Master will have been set up to enable you to use these functions fully. For example, details will have been specified as to how your inventory will be analyzed and the dates of periods you can post to.

Items are stored in inventory storage areas which consist of locations, warehouses and zones which can each be assigned sets of storage characteristics such as temperature and size.

The Movement Order Entry function is used to transfer items from one storage location to another, and to move them in and out of the inventory.

You can record movements for a receipt where no order exists using ad hoc receipts.