- Real-time processing in multi-user application. Inventory allocated when
invoice is entered and stock is reduced when inventory is posted
- Inventory may be unallocated prior to posted
- Supports multiple warehouse, stock transfers, pricing by location
- 16-character inventory code, 3-character classification code, plus
unlimited cross reference to multiple vendor codes and user defined alternate codes
- Supports quantity breaks in buying and selling
- Supports serial numbered and lot/dye/size inventory
- Fully integrated with the G/L, A/R, A/P, and purchase orders
- Unique color definition allows the user to quickly flag items to be give
special consideration regarding pricing, availability, etc.
- Inventory sales history in dollars and units may be optionally tracked
for two years on chosen customers
- Handles invoicing, customer back orders and discounts and tracks
commissionable invoices
- Multiple payment terms include VISA, American Express, MasterCard, cash,
check, charge to A/R or combinations
- Inventory master file includes (with number or character decimals in
field)
- User inventory code (16)
- Manufacturer cross reference code (40)
- Inventory description (40)
- Unit of sale - user definable (2)
- Replacement or Substitution flag
- ABC sales analysis rank for profitability
- Option to display in unique color combinations
- Supports regular, assembly or serial/lot type inventory
- Option to print warning message on invoice (40)
- Sequence number within inventory class (6)
- 8 user defined fields
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- Inventory Department record includes:
- Department (location) code (3)
- Balance on hand (11.2)
- Quantity on order (9.2)
- Quantity allocated (9.2)
- supports quantity break pricing (unlimited) for sell and cost prices
- Sell price per each, 10, 100, or 1000
- Cost price per each, 10, 100, or 1000
- Derive sell price from fixed, sell, or serial file
- Supports multiple selling prices for different customer groups
- Derive cost from fixed, quantity break, serial, average, write down,
last or FIFO files
- Supports multiple selling prices for different customer groups
- Average cost (10.3) and last cost (10.3)
- Written down cost (10.3)
- Quantity written down (11.2)
- Estimated freight/handling (8.3)
- Primary vendor code (6), plus any number of alternate vendors for item
(integrated with A/P)
- Location code/bin number (8)
- Current period sales in dollars (11.2)
- Current period sales in quantities (11.2)
- Year-to-date sales in dollars (11.2)
- Year-to-date sales in quantities (11.2)
- Tax rate 1 (7.4)
- Tax rate 2 (7.4)
- Tax rate 3 (7.4)
- Tax rate 4 (7.4)
- Tax rate 5 (7.4)
- Supports environmental flat taxes (per unit taxes)
- Last date received (8)
- Last sale date of item (8)
- Last order date of item (8)
- Weight of item (9.3) and pack size (8)
- Minimum desired quantity (reorder level) (8.2)
- Maximum desired quantity (8.2)
- Economic order quantity (9.2)
- Economic order point (9.2)
- Transfer fee (5) to other departments (6.3)
- ABC sales analysis rank for profitability by department
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- Multiple-pricing codes in inventory department
- Records correspond with matching codes stored in customer master record
to determine individual customer catalogue item price levels
- Transfer items to other departments at a transfer rate specified in the
inventory departments record through the Stock Adjust function
- Inventory Classifications
- Classification code (3)
- Classification description (40)
- Inventory asset account in G/L (5)
- Inventory sales account in G/L (5)
- Cost of sales expense debit account in G/L (5)
- Cost of sales credit account in G/L (5)
- Extra account field (5)
- Default markup factor (6.3)
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- Optional tracking by customer flag
- Build assembly items with components taken from the regular Inventory
and/or Labor/Machining file
- A Price Adjust function allows you to quickly alter the sell price on
individually selected items. You can also globally select a department range, class range,
or items with a specified primary vendor to change (by a defined multiplication factor)
the list prices, or other tax rates
- Numerous reports and products catalogues or build custom reports with
the report generator
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