GEM-CAR FAQ

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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  5 months  ago by  Olivier Brunel
#555 72 views Edited  3 months  ago

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