Inventory Control (IC) Typical Cycles

  1. Product Consolidated Inquiries (IC45)
    • Used to query inventory, open orders, invoice history, on hand quantities, purchase orders.

  2. Inventory Adjustment Entry (IC50)
    • Adjusts inventory on hand quantities, costs, serial numbers.
    • Transactions update inventory immediately.

  3. Inventory Adj Stock Adj Print (IC51)
    • Print to show all adjustments made since last print.
    • Entering acceptance codes posts the adjustments to the G/L and clears out the file.
    • The inventory adjustments register (IC51) must be kept in a safe place for future reference.

  4. Inventory Control Management Reporting
    • Use the following programs to analyze inventory items, movement, transactions, and values:

      • Inventory Movement Print (IC80)
      • Inventory Evaluation Print (IC81)
      • Inventory Over Stocked Print (IC82)
      • Inventory Stock Status Print (IC83)
      • Inventory Price Book Print (IC84)
      • Inventory Demand Unit History Print (IC85)
      • Inventory Store Usage Print (IC86)
      • Inventory Aging Print (IC87)
      • Inventory Consignment Print (IC88)

 
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