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:
- Your current item quantities and costs.
- If you set up partway through a fiscal year, any sales and transaction statistics from previous periods of the current year that you want to view online or for which you want to print reports.
- Any sales and transaction statistics from previous years that you want to view online or for which you want to print reports.
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.
For step-by-step instructions on adding your current item quantities and costs, see Adding Current Item Quantities and Costs.
Entering Current Item Quantities and Costs
When you set up your Inventory Control system, you must add the current quantities and costs for your inventory items.
You add your current item quantities and costs by receiving them using the I/C Receipts screen. You can also import receipts from a spreadsheet or other non-Sage 300 program.
Entering Sales Statistics for Current and Previous Years
If you want prior-period sales statistics, you can enter the sales data (units sold, number of transactions, sales amount, and actual cost) from current and previous years that you want to view online or for which you want to print reports either during or after setup.
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.
Use the Sales Statistics screen to add sales data from current and previous years to your Inventory Control system.
Entering Transaction Statistics for Current and Previous Years
Either during or after setup, you can enter transaction data from current and previous years that you want to view online or for which you want to print reports.
Before you can add transaction data, you must select the Allow Edit Of Statistics option on the Processing tab of the Options screen.
Use the Transaction Statistics screen to add transaction data from current and previous years to your Inventory Control system.