Inventory Control
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The Inventory module is the heart of the Distribution Suite where all your Stock Control, Replenishment and Product structure flows to the rest of the system through the strong built-in ledger interfaces. In summary, it provides the following features: Stock Replenishment Stock Take Multi-Warehouse Bin/Shelf Tracking Serial/Batch/Dual Tracking Stock Transfers Inventory Costing Bar Coding/Label production […]
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Warehouse Code Warehouse code can be numeric or alpha. Unlike stock location code, the warehouse code does not need to be prefixed by branch.For details on the use of “codes”, see The Role of “Codes” in Online Advantage Warehouse Name Enter text to describe the warehouse. This is used when selecting a warehouse for stock […]
Warehouses are used in conjunction with Stock Locations to define your warehouse setup and structure. Since multiple Stock Locations can be set up within each Warehouse, this provides an excellent reporting summary option when you need to consolidate Inventory figures i.e. Stock on Hand, Stock Value. Usage etc. Refer to System Options for more on Warehouse […]
Purpose This procedure is used to upload stock take ticket counts. This is an alternative way of entering stock counts to data entry. Using this method a “spreadsheet” style tool can be used for entry of the count quantity for a list of products. Prior to using this upload, you should initiate (and optionally freeze) […]
Stock Adjustment Reasons are used when entering Manual Stock Issues and Manual Stock Receipts. The use of a ‘Reason’ for the stock transaction provides: Examples Some typical examples of Stock Transaction Reasons are: Minimum Requirements The entry of a ‘Stock Reason’ in the manual stock transaction processes available in the system is mandatory, so you […]
Reason Code Reason Code can be numeric or alpha. For details on the use of “codes”, see The Role of “Codes” in Online Advantage Reason Name Enter text to describe the stock adjustment reason. The name appears when selecting a reason in the manual stock transaction functions and may also be used as a filter […]
Inventory Control Purchasing
Purpose This routine can be used to upload Product suppliers and rankings from a file created outside of the system. This is an alternative way of updating product suppliers into the system and is most useful when you are updating large volumes. Using this method a “spread-sheet” style tool can be used to create a list […]
Inventory Control Pricing
You can have as many price lists in OA as you require as part of the Pricing Matrix. Each Price List permits you to define separate Costs and Prices for your Products. Each Price List can have up to 5 different price levels recorded against it for use when pricing products to customers. The system […]
Accounts Receivable Inventory Control Order Management
Delivery Areas can be used as a reporting filter for Sales Orders and Customers, however Delivery Areas are primarily used to manage deliveries of Sales Orders. For example, you may generate picking dockets for all orders designated to a particular Delivery Area. Or you may sort despatches by Delivery Area so they are sent out […]
Price List Code Price List Code can be numeric or alpha.For details on the use of “codes”, see The Role of “Codes” in Online Advantage Price List Name Enter text to describe the price list.This is a mandatory field. The maximum length of the description is 20 characters. Branch This is optional and only required […]
The use of ‘Colours’ in the system is optional and can be enabled/disabled via the Product Format function. In fact the very term ‘Colour’ is configurable within Online Advantage via the same Product Format definition tool. If ‘Colour’ is disabled in your system then there should be no need to create or maintain a list of them […]
Purpose The ‘Product Currency Prices’ function is used to specify prices for a Product in a foreign currency in Sales Order Entry. In order for the price to be picked up from this ‘Product Currency Prices’ list instead of the normal ‘local currency’ price list, you must enable the System Options so that Sales Order Entry will […]
This Stock Analysis report is requested interactively from the menu when a user requires it. Purpose This report attempts to list all the Inventory items selected ranked by the “Line Demand”. Line Demand is not an “Order Quantity” related measure. It is not Stock Usage or Stock Demand. Line Demand is essentially how many times […]
Purpose This procedure is used to upload and update Standard Prices from a file created outside of the system. This is an alternative way of adjusting prices to the standard system functions for changing and editing items. Using this method a “spread-sheet” style tool can be used to adjust a list of products you want […]
Purpose This function is used to enter or adjust the details of product ‘Brands’ set up within the system. A ‘Brand’ can be allocated to a Product to ‘tag’ it for reporting purposes. Product Brands can also have an image uploaded against them and this image is used in the Ecommerce portal to help customers recognise product by […]
End of Day Inventory Control Pricing
This End Of Day (EOD) report is produced during Inventory EOD processing. It shows products where the replacement cost has changed out of the bounds of the Cost Variation % defined in System Options. For example, if you set the Cost Variation percentage to 8%, this report will include products where the replacement cost has […]
This End Of Day (EOD) report is produced during the Inventory EOD processing. It shows products where the standard cost has changed out of the bounds of the Cost Variation % defined in System Options. For example, if you set the Cost Variation percentage to 8%, this report will include products where the standard cost […]
End of Day Inventory Control
This End Of Day (EOD) report is produced during Stock EOD. It shows the stock transactions posted since the previous EOD run that were entered via Stock Value Adjustments. Can I Exclude It? No. This report provides an audit trail of stock transactions so should not be excluded. Can I Reproduce It? No. This report […]
This End Of Day (EOD) report is produced during Stock EOD. It shows the stock transactions posted since the previous EOD run that have caused an Auto Value Adjustment to be created. Can I Exclude It? No. This report provides an audit trail of stock transactions so should not be excluded. Can I Reproduce It? […]
This End Of Day (EOD) report is produced during the Inventory EOD. It shows the stock transactions posted since the previous EOD run that were entered as Manual Issues or Manual Receipts. Can I Exclude It? No. This report provides an audit trail of stock transactions so should not be excluded. Can I Reproduce It? […]
Frequently Asked Questions Inventory Control Order Management Point Of Sale Purchasing
From an OA perspective, the system is typically sitting and waiting for the input of a bar code at a “normal” prompt like any other text prompt, without any filtering. OA only does “something” once it receives an “end character”. The end-character is typically a suffix setting on the bar code reader. Usually a “tab” […]
Purpose This procedure is used to create a Manual Stock Transfer transaction between two Stock Locations by selecting the products to transfer using selection filters. It is designed to work on a large number of inventory items and is more efficient when compared to manually entering each product to be transferred. This function is particularly […]
Online Advantage contains a ‘Stock Take’ module that is designed to help you manage the process of comparing your physical stock holdings to the perpetual quantities recorded in the Inventory system. The module allows you to create a stock take for a whole stock location, or for selected inventory items i.e. fast moving, spare parts, […]
Purpose This function is used to record the physical ‘Stock Take counts’ on the items on a stock take run. This information is recorded by hand by the ‘counters’ on the stock take tally sheets/tickets produced for the stock take run. Before entry of stock counts can take place, all outstanding processing must be completed to […]