Overview
Process

Fig.1 - Creating a New Inventory Cycle

Fig.2 - Creating a New Inventory Cycle
The newly created Inventory Cycle will then display in the Inventory Cycle Setup screen.

Fig.3 - Editing an Inventory Cycle - removing tick(s) from Include boxes

Fig.4 - Selecting Fiscal Calendar from the Property Setup screen
This will open the Fiscal Year Calendar.

Fig.5 - The Fiscal Year Calendar
The property is now ready to create new Inventory cycles and fiscal calendar.
New Inventory cycles and fiscal calendar would be updated in Adaco if an organisation/unit were wanting to increase of decrease the amount of Outlet specific Inventories (or stocktakes) they were doing throughout the year.
For example, if a unit carries out a Kitchen inventory every month, but only wants to count it every quarter, they can change the frequency accordingly. The instructions/steps detailed in this article follow this example scenario.
Process
- Go to Property > Setup > Accounting > Inventory Cycle Set-up
- Select New to create an Inventory Cycle

Fig.1 - Creating a New Inventory Cycle
- In the Cycle Name field, type Quarterly
- Set the Cycle type as Monthend
- Put ticks in the Include boxes for all outlets that are 'inventoried' monthly (not just the ones wanted to complete quarterly)
- Save

Fig.2 - Creating a New Inventory Cycle
The newly created Inventory Cycle will then display in the Inventory Cycle Setup screen.
- Double-click the old Inventory Cycle to open and edit it
- Remove ticks from the Include boxes for outlets that are to be 'inventoried' quarterly
- Save the changes

Fig.3 - Editing an Inventory Cycle - removing tick(s) from Include boxes
- Still in the Property Setup screen, go to Accounting > Fiscal Calendar

Fig.4 - Selecting Fiscal Calendar from the Property Setup screen
- Expand the desired Fiscal Year and double-click on one of the periods
This will open the Fiscal Year Calendar.

Fig.5 - The Fiscal Year Calendar
- Change the Inventory Cycle for each period to QUARTERLY or MONTHLY, depending on how the year is to be laid out
- Save changes
The property is now ready to create new Inventory cycles and fiscal calendar.
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