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Inventory Control Module
With the Inventory Control module, businesses can streamline management of inventory.
 
Inventory Control provides a powerful, perpetual inventory system suitable for construction and service contractors. Inventory Control is fully integrated with General Ledger, Purchase Orders, Job Costing, Service Management, Buyout/Procurement, Order Processing, and Equipment Costing. Tight integration helps companies rely on adequate stocks of critical items to avoid shortages while keeping accounting and tracking tasks to a minimum.
 

Using Inventory Control, you’ll appreciate these benefits:

  • Flexible item numbering (up to 18 characters) and unlimited item categories accommodate industry standard or unique user-defined identification systems and simple conversions from legacy data files.
     
  • Multiple warehouses may be defined, including truck inventories and materials stored at job sites. In addition, each warehouse can be maintained with separate addresses and general ledger asset account numbers.
     
  • Items may be transferred among warehouses, jobs, equipment, and service sites with complete audit trails and automatic updating of costs and inventory valuations.
     
  • For greater flexibility, quantities and prices may be expressed to four decimal digits. In addition, unit of measure conversions allow users to employ distinct units for ordering/pricing vs. stock keeping (e.g., wire ordered by the 1,000 ft. roll but used or issued by the foot).
     
  • Buyout/Procurement integration (Optional): Create Inventory Pick Lists from Buyout Entry. Streamline your operations by completing the transaction and updating inventory through Material and Inventory Requisitions.
     
  • PricingService Link integration (Optional): Item standard costs and prices may be automatically updated from material pricing services via the PricingService Link component.

Reports include:

  • Critical Inventory Report
  • Inventory Value Report
  • Item Transaction Report
  • Material Requisition Report
  • Missing Count Report
  • Variance Report

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