This topic lists all the steps for setting up a new Inventory Control ledger.
Before you start
- Create a company database and choose company-wide options in Common Services.
- If needed, add tax information and currencies used in your inventory control system.
- Set up General Ledger, including the accounts used for Inventory Control transactions.
Step 1: Select Inventory Control options and add background information
- Use the I/C Options screen to specify how your system will operate. For more information, see Changing Inventory Control Processing Options.
Note: After making changes to program options (on Options screens) or optional fields (on Optional Fields screens), you and all other users must sign out and sign in again to apply the changes.
- Use the I/C G/L Integration screen to specify how your system sends transactions to the General Ledger module. For more information, see Changing I/C General Ledger Integration Options.
- Design coding schemes for your Inventory Control records.
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Use the following screens to set up records used for items and transactions in Inventory Control:
Step 2: Add inventory items and their prices
- Adding Items
- Associating Items with Price Lists
- Assigning Items to Locations
- Adding Vendor Information to Items (optional)
- Adding Item Reorder Quantities (optional)
- About Manufacturers' Items (optional)
- Adding Current Item Quantities and Costs
- Adding Customer Item Numbers (optional)
- Adding Kitting Items (optional)
Step 3: Transfer your accounting statistics data from your old system to Inventory Control (optional)
- Adding Current Sales and Return Statistics (optional)
- Printing the I/C Sales Statistics Report (optional)
- Adding or Editing Transaction Statistics (optional)
- Printing the I/C Transaction Statistics Report (optional)
Step 4: Design and print labels