Physical Inventory

1.Purpose.

To conduct Physical Inventory.

2. Responsibilities

Assigned Warehouse Person.

3. Instructions

Inventory → Physical Inventory → Inventory Tag Procedure

1. Reset Physical Inventory Attributes

2. Merge non-stock w/on hand

3. Save current on hand quantities

4. Physical Tags Printing

Select the following:

Warehouse – 01

Physical Tag Type – T

Tag Form Method – B

Beginning Tag # - 1

Ending Tag # - System will automatic generated

Once done the system will prompt you to select printer

Lp0- located on loft

Step 2:

Inventory → Physical Inventory → Inventory Tag Procedure

Physical Entry

Step 3:

Enter warehouse # - 01

Enter your initials

Enter the first tag # on sheet

System will pull up information verify that you have the correct information and enter the quantity from the sheet; hit enter twice and enter the quantity again; hit enter then F2

The system will take you to the next tag # and you continue to do the same process until all tags on that sheet are done; if tag #’s are not in sequences then you will have to do the following to go to the next tag #

Hit the little man on top of screen and select return to header and from there you can enter the tag # you want to start with.

Once everything has been enter you can now run the missing tag report; if none missing the system will prompt no items; if system doesn’t prompt this information it will ask you to select a printer (lp0 – on loft) and run the report showing the missing tag #’s

Find the tag #’s and follow the same procedure to enter the information until all tag #’s has been accounted for.

Step 4:

Time to run the reports:

1^st report – Consolidated Procedure

2^nd report – you can choose between the “Deviation Exception or Shrinkage” report depending on what you need or look for.

3^rd – Once everything has been accounted for and all changes has been made you can now update the procedure.

4^th – Run the Physical Update Procedure Report

5^th – Run the Physical Inventory Valuation Report

Physical Tag Clear Procedure – can run after all processing is completed now or before the next physical inventory. All physical inventory tags are cleared and the starting tag number is reset.

END OF PROCESS!!!!!!!!!!!!!!!!!!!!!!!!!