 |
 |
Month End Procedure for Inventory Control (IC)
The following table identifies all of the programs used during the Month End process. Each program is identified as being Mandatory, Recommended or Optional during the Month End process. These terms are defined as:
- Mandatory - The program must be run each Month (Period) End.
- Recommended - The Month End process is not dependent on this program, but it is urged that the program be run. This program preserves the integrity of cross-reference files and purges eligible records from certain files.
- Optional - This program is not required but is useful if you are using the feature or process.
The following table lists all of the Month End programs:
| M/R/O | Program | Description |
| Mandatory | IC50 IC51 |
Post all inventory adjustments Print inventory adjustments register Note: Be sure this step is run before the Sales Analysis period is closed via program SA89. |
| Optional | IC57 | Print In-Transit Shipment Report (reports Warehouse transfers) and balance to G/L control account. |
| Recommended | IM71 IM72 |
Master File diagnostics Print Master File Diagnostics report |
| Print Inventory Reports: | ||
| Recommended | IC80 IC81 IC82 IC83 IC84 IC85 IC88 |
Print Inventory Movement (very rare-and then for small range only) Print Inventory Evaluation (usually in summary form) Print Over Stocked Report (usually 'on demand', not at month-end) Print Stock Status Report (usually on demand, not at month-end) Print Price Books (usually 'on demand', not at month- end) Print Demand Unit History (very rare-and then for small range only) Print Consignments (if applicable) |
| A copy of the IC81 Inventory Evaluation is recommended as a minimum. If consignment inventory is used, IC88 should be printed on the actual month-end date. |
||
| Optional | IM61 | Report & Reset inventory class codes, as required and if used. |
| Optional | IC89 | Clear zero-balance consignments. This purge routine is only required if consignment inventory is used. |
| Recommended | IC90 | Purge inventory movement. This program can be run as needed to purge excess movement history. Ensure a valid backup has been performed prior to any purge. |
| Recommended | IC91 | Purge Lot/Serial Transactions (as require to purge surplus history from lot/serial movement files.) Also used by multi-bin inventory users to purge 'empty' bins. Note: If using lot/serial, you need to keep movement history to match the invoice history detail. |
| Optional | RM81 RM82 RM83 |
Auto merge of special products. |
