GEM-CAR FAQ
Causes/Reasons for Unbalancing Inventory: Quantity/Value
Here are the factors/causes/reasons that cause the inventory to go out of balance:
- Cause 1: Manual inventory adjustments because parts are no longer found,
- Cause 2: We don't invoice for the same parts we receive,
- Cause 3: Purchases of non-stocked products are entered: stationery, soap, etc...
- Cause 4: Inventory value reporting option.
Cause 1: Manual adjustment in inventory because parts can no longer be found
- When you manually change a quantity in the inventory, an inventory adjustment transaction is performed to keep a record.
- You can consult the transaction history in the Inventory file via the “Transaction list” button.
- Via Main menu, inventory, code management OR Point of sale, magnifying glass and button at bottom of item grid.
Cause 2: We don't invoice the same parts we receive
For example, invoicing part “5141” (inventory at “-1”) and receiving part “PH5141” (inventory at +1).
To ensure better inventory tracking, be sure to enter your purchases via estimates. This will ensure that the product codes used are the same for invoicing and receiving.
Cause 3: When pulling inventory reports, don't select non-inventory categories.
Remove from your selections categories whose products should not be inventoried. From version 7.1 onwards, you can configure a category as non-inventory. In this way, all reports will be output by default without taking account of items in these categories.
Cause 4: When outputting inventory reports, pay attention to the options selected.
Posted 4 months agoby Olivier Brunel
#55554 viewsEdited 2 months ago