Inventory Control maintains sales and transaction statistics for the current year and for all the previous years for which you retain the data.
You add the following historical and current information during setup:
Inventory Control automatically updates the statistical information each time you run Day End Processing.
Note: You can enter current-year and previous-years sales and transaction statistics either during or after setup.
When you set up your Inventory Control system, you must add the current quantities and costs for your inventory items. You do this by receiving them using the I/C Receipts screen. For step-by-step instructions on adding your current item quantities and costs, see Adding Current Item Quantities and Costs.
If you want to view prior-period sales statistics, use the I/C Sales Statistics screen to enter sales data (units sold, number of transactions, sales amount, and actual cost) from the current and previous years from your old system into your Inventory Control system. You can enter this data either during or after setup. For more information, see Adding Current Sales and Return Statistics.
Note: Before you can add sales data, you must select the Allow Edit Of Statistics option on the Processing tab of the I/C Options screen.
If you want to view prior-period transaction statistics, use the I/C Transaction Statistics screen to enter transaction data from the current and previous years from your old system into your Inventory Control system. You can enter this data either during or after setup. For more information, see Adding or Editing Transaction Statistics.
Note: Before you can edit transaction data, you must select the Allow Edit Of Statistics option on the Processing tab of the I/C Options screen.