Inventory Control

Inventory allows you to manage your inventory-on-hand levels. Suggested reordering can be based on minimum or maximum quantities, and also supports reordering in specific increments. Unit of measure functionality provides the ability to track different units of measure for each inventory item. This is especially important for manufacturing purposes.

Inventory includes an item table, item ledger and item value ledger to record transaction details. Inventory values can be based on LIFO, FIFO, Average, Specific, or Standard cost.

Inventory can be used to provide pricing capabilities for inventory items or, if the configuration includes Sales Order and Purchase Order, as a complete inventory management system with availability controls that let you schedule each sales and purchase transaction so that inventory arrives when you need it and not before.

Basic Inventory

• LIFO, FIFO, Average, Specific, or Standard cost.
• Pricing capabilities for inventory items
• Manage your inventory-on-hand levels
• Suggested reordering can be based on minimum or maximum quantities
• Reordering in specific increments.
• Unit of measure
• Item Reservations functionality
• Item Variants are an added dimension to the inventory system.

Multiple Sales Prices

• Unlimited number of alternative prices for inventory items
• Prices to individual customers
• Prices in foreign currencies

Multiple Locations

• Inventory items can be purchased and sold from specific locations
• Item transfers between locations.
• Availability and statistics by location

Alternative Vendors

• Alternative vendors for each inventory item
• Specify the vendor's part number,
• Vendor item lead-time and cost

Bill of Materials

• Simple "kitting" feature for sales and purchase orders
• Produce finished goods from raw materials through a production journal.
• Bill of Materials can be defined to any level
• Bill of Materials or through the Where-Used windows
• Single-level explosions are provided on reports
• Net requirements analysis and availability planning.

Sales Quantity Discounts

• Set up quantity discounts as well as discounts for specific combinations of customers and inventory items.

Purchase Quantity Discounts

• This feature allows you set up quantity discounts as well as discounts for specific combinations of vendors and inventory items.