Vision33 TOTAL CARE’s Top 5 Best New Features in SAP Business One 9.0

2. Inventory Counting

Inventory Counting

What does it do?• Provides businesses with new tools for

running a complete inventory taking process resulting in a more streamlined, efficient and controllable inventory counting process across your entire business generating more up-to-date and accurate inventory levels.

Setting Up Inventory Cycles

Administration > Setup > Inventory > Inventory CyclesThese cycles determine when your inventory is to be counted next.

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Setting Up Cycle Count Determination

Administration > Setup > Inventory > Cycle Count Determination Allows you to differentiate by Warehouse Code and Item Groups within your warehouses

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Alerts

From the Cycle Account Determination window you can setup an Alert which notifies a User, or personnel that will perform the inventory count, as to when the next count is due for a particular Item Group in a selected Warehouse.

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Inventory Counting and Item Freezing

• Choose the number of counters required to perform an inventory count – maximum of two counters• Freeze an item making it unavailable to deliver, transfer or move any inventory off the floor while a count is

ongoing – only available once a Bin Location has been selected

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Printing Inventory Counting Reports for Inventory Counters

Once you have selected the appropriate Counters, Items, Bin Locations, etc. You then need to add the Inventory Counting report to the system by clicking Add in the lower left of the window. Once added, hit Retrieve to bring the report back up and print if needed.

• Options to show current in-house inventory, or exclude it - ensure the count is done and not just taken from the system

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Inventory Counting Transactions

Inventory > Inventory Transactions > Inventory Counting Transactions > Inventory CountingOnce the physical account has taken place and the Inventory Counting Reports are retrieved, the system has to be updated

with the most current inventory levels. The system automatically signals a discrepancy between the amount already in the system, and the amounts counted. Most up-to-date inventory is posted by selecting an option in the Copy to Inventory Posting menu.

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Inventory Counting Transaction Reports

The Inventory Counting Transactions Report will show all of the changes associated with a specific inventory item in a particular warehouse - Count dates, posting date, variance, and price/inventory cost.

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Vision33 Weekly Web Chat with Vision33 TOTAL CARE General Manager, Carl Lewis: Inventory Counting

>>Watch Now

• Watch until the end as Carl Lewis answers some individual viewer questions regarding units of measurement, adding user defined fields, project codes and

inventory items and more

SAP Business One 9.0: Inventory Taking Blog Post >>Read Now