IdealWare Online Users Manual

IY1-03 I/Y PROCEDURES
29184 Day to Day Processing

 

PURPOSE

 

Once your Inventory Control system has been set up, ie the file maintenance has been done and all stock counts have been transferred, you can start using IdealWare on a daily basis to process transactions.

 

The programs in your Inventory Control system are used in different ways. They can be divided into three categories:

  • Those that you use on a daily basis.
  • Those that you use at month end or year end (See 29185 - PERIOD END PROCESSING).
  • Those that you use as required (file maintenance, adjustments, transfers, stock counts, inquiries).

 

DAY TO DAY

 

Programs that you use on a daily basis are:

  • Purchase Order Creation.
  • Inventory Receipts.
  • Inventory Adjustments.

Purchase Ordering

  • Generate purchase orders with status set to "Ordered" (see 30109 - PURCHASE ORDERS MAINTENANCE).

Inventory Receiving

  • Generate receipts and credit memos as merchandise is received, one receipt per packing slip, one or more receipts per receiving batch (see 30114 - RECEIPTS, BATCH CREATION).
  • Match up supplier packing slips with your purchase orders, backordering merchandise as required and integrate the purchase order and the inventory receipt (see 30115 - RECEIPTS, DATA ENTRY).
  • Print the receiving batch registers (see 30117 - RECEIPTS, REGISTER PRINTING).
  • Update the receiving batches (See 30118 - RECEIPTS, BATCH UPDATE).

Inventory Adjustments

  • Make adjustments to merchandise quantity or costs.
    • Use "clear and post" to set existing values to zero and then add the new values in the adjustment batch.
    • Use "add/subtract" to add or subtract the batch values to the current on-hand values.
    • See 30101 - ADJUSTMENTS.