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The
Inventory Control module provides you with a complete stock
management system, and includes facilities to account for non-reducing,
but chargeable items and services such as labour, freight and
insurance. Analysis is available of monthly and yearly sales,
gross margins, stock valuations (by standard, average and latest
cost) and stock quantities (held or on order). Stock may be "committed" or
allocated to the Order Entry module.
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| Inventory Control, Transaction Entry, Receipts Screen |
| Key features |
Item codes of up to 16 characters
and descriptions of up to 35 characters
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Up to 1000 warehouse or branch locations
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Six selling price lists (with user-defined
descriptions) cater for retail, trade, wholesale and
other sales
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Automatic percentage markup facilities
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Discount schedule by product, quantity
and customer
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Quantities and prices stored with
four decimal places
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Standard, average and latest cost
pricing
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Discount schedule containing 10,000
elements
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Supplier lead time, and supplier
part number, by product
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Debtors’ and creditors’ invoices
immediately update stock-on-hand figures
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Analysis by product, product group,
purchase group, category and stock category
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Tracking of stock activity for up
to 99 periods of history |
Sales reports show quantity sold, value,
cost of sales and gross margin for month and year-to-date |
Kits of up to 30 components treated
as a single item |
Tracking sales of non-stock items such
as labour and service fees |
Multiple stock units accommodate items
sold both in bulk and individually |
Mark stock for automatic deletion after
a given date |
Module integration
The Inventory Control module is typically used in conjunction with the Order
Entry/Invoicing and Accounts Receivable modules,
or can be used on its own to maintain in-house stock levels. Integration to the General
Ledger transfers closing stock figures to the trading account and stock on
hand figures to the balance sheet. On-order figures can be generated by the Purchase
Ordering module. The Special Pricing module
can refer to the details of individual stock items to select the correct pricing
criteria.
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