Performing the Physical Inventory Process

The physical inventory process allows you to verify product inventory in your warehouse.

To perform the process:

1. In Physical Inventory Select, create a physical inventory ID.

2. Output the Physical Inventory Selection Report. This report displays the list of products included in the physical inventory based on the criteria selected when creating the physical inventory ID in step 1.

3. In Physical Inventory Count Sheet Print, create and print physical inventory count sheets. This freezes the inventory and prevents processing that updates product inventory (stock adjustments, pick demand creation, or receiving). Prior to this, all pick demands must be cancelled and all printed work orders must be voided.

4. Physically count the products.

5. In Physical Inventory Entry, enter the inventory count.

6. If you want to view the before and after counts, output the Physical Inventory Comparison Report.

7. In Physical Inventory Adjust, adjust inventory if there is a variance between the counted quantities and the snapshot quantities. Even if there were no adjustments made in Physical Inventory Entry, the physical inventory count process is not reconciled until the Adjust All button is clicked.