Enter Inventory Count

To enter stock counts and track their history, complete the following steps:

1. Right click on a record and select Enter Inventory Count. The following window will appear:

   

2. The Part ID, Location, and Original Quantity will all be carried over by the system.
3. Enter the Count in the field provided.
   • If the count is greater than the Original Quantity, the system will calculate the positive adjustment automatically. Users will then be required to enter a Per Item Cost
   • If the count is less than the Original Quantity, the system will calculate the negative adjustment automatically. Users will not be required to enter a Per Item Cost; instead, the system will automatically populate the average cost from the most recent Part History record.
   • If the count is the same as the Original Quantity, no adjustment will be calculated and the user is not required to enter a Per Item Cost.
4. Enter the Date the count was taken. This is required in order to save the record.
5. Record any additional description needed to identify the count.
6. Save the record.

   Note: Once the Inventory Count record is saved, a new Transactions record will be added for all three types of counts. These records will display the Count, Original Quantity, and Transaction Type (Loc Count Adj Qty +, Loc Count Adj Qty -, and Loc Count No Adj). New Part History records will be added for positive adjustments only. For negative adjustments, the adjustment quantity will be subtracted from the Current Quantity column of the oldest Part History record(s) showing a non-zero quantity.