Inventory Control
Leave a Comment
Purpose This function is used to enter or adjust the details of product ‘Classes’ set up within the system. A ‘Class’ can be allocated to a Product to ‘tag’ it for reporting purposes. Class codes may be used in Inventory and Sales reporting to group products together. It is available as a user “filter” on almost all Product reports […]
Read more »
Purpose This function is used to enter or adjust the details of product ‘Types’ set up within the system. A ‘Type’ can be allocated to a Product to ‘tag’ it for reporting purposes. Type codes may be used in Inventory and Sales reporting to group products together. It is available as a user “filter” on almost all […]
Purpose This function is used to enter or adjust the details of product ‘Materials’ set up within the system. A ‘Material’ can be allocated to a Product to ‘tag’ it for reporting purposes. Material codes may be used in Inventory and Sales reporting to group products together. It is available as a user “filter” on almost all Product reports […]
Purpose This procedure is used to enter or modify the details of Product Categories. Product Categories may be used in Inventory and Sales reporting to categorise products together. Product Categories are made up of one or more Product Groups in the system. They are really a reporting consolidation point and have no specific role in the […]
Purpose This procedure is used to view, add or change the details of Product Groups in the Inventory ledger. The use of Product Groups is probably the single most important element in the creation of your Inventory structure within Online Advantage. This is because the Product Group that each Product is allocated to has a […]
Business To Business Business To Consumer E-Commerce Inventory Control
Purpose This procedure is used to add or change the details of Product Indexes held on the system. Product Indexes are used in OA for a number of reasons, but mainly as an alternative way of navigating your products in a structure that is more flexible and adaptable than the more rigid structures of Product […]
Purpose This procedure is used to upload Product Index details from a file created outside of the system for existing products. This is an alternative way of entering these details and is useful where you are entering large volumes of new data. Using this method a “spread-sheet” style tool can be used to create a list of […]
Frequently Asked Questions Inventory Control
Some care must be taken when adding sizes or colours to a product that already exists in the system and has stock or transaction history recorded against it. Once you add size or colour to such products, you can no longer access the information that was recorded when the product had no size or colour […]
Inventory Control Order Management
Purpose This option enables you to create a ‘Non Inventory Product’ so that you can then use the new product on your current order as a sales order line item. This essentially allows you to quickly and easily create new products ‘on the fly’ without the need to leave the Order Entry function and go […]
Purpose This procedure is used to initiate and upload inventory items for a stock take and the current physical ‘stock on hand’ quantity for each item i.e. the ‘count’ quantity. This is an alternative way of creating a stock take and entering stock counts via data entry. Using this method a “spread-sheet” style tool can […]
Inventory Control System Manager
Purpose This routine is used to maintain the stock formula setting in the Inventory system. There are 5 stock formula options available. The currently selected formula is highlighted. The system default formula is option 5. The option selected determines how the system will calculate the Available Quantity when required. Depending on the formula selected the […]
Inventory Control Manufacturing System Manager
Using this function you can establish defaults for the manufacturing system relating to reporting and the establishment of products within the manufacturing and jobbing areas of the system. Manufacturing Details Material Variance % Enter a percentage to two decimal places that is used as a trigger to generate End of Day reporting on material variances […]
Inventory Control Order Management Purchasing System Manager
Purpose This function is used to set and change the “tax” settings and import duty details used by the system. “Tax” is a generic term used to describe whatever local tax needs to be accounted for. The system has been used extensively in countries with taxes like GST, VAT and Sales Tax. The ability to […]
Accounts Payable Accounts Receivable Asset Ledger Cash Management General Ledger Inventory Control Job Costing Manufacturing Point Of Sale Purchasing System Manager
Purpose This routine is used to maintain various Control File General Ledger Chart of Account codes needed for the running of Online Advantage. These Control Pointers relate to the accounting postings that Online Advantage performs on the users behalf, without the need for the user to nominate one or both sides of the accounting entry. […]
Inventory Control Library Order Management
The Picking Method determines what the system does with Back Orders. The Picking Method is entered on an Order, and is defaulted from the Issuing Location in the case of a Stock Transfer Order, or the Customer Details in the case of a Sales Order. The default Picking Method can be overridden/changed for the order if […]
Purpose This procedure is used to upload and update new product transfer details from a file created outside of the system. The reasons you might need to transfer a product can be varied, but some examples are: Product Code is incorrect i.e. set up under the wrong code Need to merge two codes into one […]
Purpose This procedure is used to create a list of products to transfer/delete “en masse” from one or more product/size/colour combination(s) to another product/size/colour combination. In this function you can build up the list of ‘From’ and ‘To’ product codes over time if required until you are ready to transfer. The actual transfer of product […]
Purpose This procedure is used to upload and update Prices from a file created outside of the system. This is an alternative way of adjusting selling 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 procedure is used to upload and update Standard Costs from a file created outside of the system. The function was added at the request of some of our Manufacturing clients who had the need to review and adjust their “Standard Costs” for their “Raw Material” items. Setting a new standard cost allows them […]
Tagged
Inventory Control Library Manufacturing Order Management Point Of Sale Purchasing Stock Forecasting DRP
Most Online Advantage Inventory transactions require the user to enter a product quantity. The entry of that quantity – and its associated data – can range from simple to complex. The degree of complexity is determined by how your business has decided to configure the system and the individual data elements like Products, Stock Locations, […]
Accounts Payable Accounts Receivable Distribution Financials Inventory Control Manufacturing Operations Purchasing Release 9.4 Time Cards
New “Ledger Register” reports have been added to all the appropriate subsidiary ledgers through the system giving users the ability to “reprint” or regenerate any/all the EOM Register reports from the system as and when required. All the EOM register reports are now available on the reports menu of the appropriate module – all a […]
General Ledger Inventory Control
Auto-Value Adjustments occur when Inventory items move from a negative stock quantity back to zero or to a positive quantity via some form of Stock Receipt (i.e. Purchase Receipt, Manufacturing Receipt, Transfer Receipt, Manual Stock Receipt). Since an Inventory item cannot and does not have a Stock Value when it is in negative, it has […]
Financials General Ledger Inventory Control Purchasing
There are a number of Cost of Sales postings that can can occur in Online that fall outside of the “normal” postings for Cost of Sales (COS) or Cost of Goods Sold (COGS). These transactions only occur in specific circumstances or when you choose to make them (in the case of “Manual” adjustments. Whilst they […]
Inventory Control Release 8.1
Stock Reason tracking has been added to the Inventory Management system allowing users to setup and record the reason manual stock issues or receipts are made. The additional benefit of this is the ability to record default accounting postings for these reasons so you can be assured that transactions are being posted to the correct […]