Inventory Count Reset
Hello. One of our outlets conducted physical count yesterday and noticed that Adaco had the previous month's inventoried count, for example 2, instead of being zeroed out. Does Adaco supposed to start fresh at zero each month, OR if nothing has been issued, will Adaco maintain the correct on hand balance to be counted with the current month's physical inventory? For more detail, we do not download blank inventory sheets. We input counts in the system using our laptops as we go.
Hey Keiwana Eaton,
A great question,
This is all dependent on how the Outlet in question is configured via Property > Setup > Outlets, in particular, the 'Inventory' & 'Is Perpetual' flags and also whether the Outlet in question is either included or not included in your Inventory Cycle Setup (Property > Setup > Accounting > Inventory Cycle Setup),
In your scenario, it seems that the Outlet in question has 'Inventory' flagged but not 'Is Perpetual' and also the Outlet has not been included in the Inventory Cycle. This would result in the count showing as the opening inventory count for this period, which would have been the closing count for last period,
We would recommend reviewing the following article, which explains the different scenarios based on the Outlet configuration and whether or not the Outlet is part of your Inventory Cycle: Adaco: Outlet Types
Hope this helps,
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