Physical Inventory Menu

The Physical Inventory Menu contains commands used to perform a physical count of the inventory at your facilities and then as a final step in the process to update the computer on-hand quantities if the computer count and the physical count differ.

Tip:  For information on the steps involved and the sequence of tasks in the Physical Inventory process, see Physical Inventory Procedure.

Directions:

 

Physical Inventory Menu Items

Create Work File

Creates a work file that contains the computer count of each inventory item as well as fields for entering the physical count so that the inventory can be verified.

Keyboard shortcut:  [ALT] [p] [Enter]

Print Count Sheets

Prints Physical Inventory Count worksheets for counting the inventory at your facility.

Edit Work File

Allows entry of the physical counts for the items during the Physical Inventory count.

Variance Report

Lists the differences between item quantities stored in the system and actual physical counts.

Post Work File

Finalizes the Physical count process by updating the quantities of each item with the physical count amount.