Inventory Control provides several tools you can use to process transactions and keep your inventory system up to date. You can perform the following periodic tasks:
Use the following screens for periodic processing tasks:
- Day End Processing. Use this screen to update statistics, cost inventory (if you choose the option to cost during day end processing), and process Order Entry and Purchase Orders transactions.
- Create G/L Batch.
Use this screen to manually create batches of general ledger transactions from I/C transactions (if your Inventory Control system is not set up to automatically create general ledger transactions during
posting or day end processing).
Important! If you want to print the I/C G/L Transactions report, you must print it before you create the general ledger batch. When you create the general ledger batch, Inventory Control deletes the information used to produce the I/C G/L Transactions report.
If you use Serialized Inventory and Lot tracking, additional screens appear that allow you to recall and release lots, split or combine lots, reconcile serial and lot numbers, release lots from quarantine, register serial numbers, and update warranties on serialized and lotted items.