Inventory Count Issues

SUGGESTED

Hello,

We were performing an inventory count however one of our employees made a stock transfer from one location (being counted) to another. When we look at the part number through the inquiry function, we see the appropraite quantity in each location. However when we go to enter the count, we see that the pre-count quantity is the origianl quantity at the original location and there is no pre-count quantity at the new location. I understand that we should not have done the transfer when counting however if we enter in the correct quantities as counted, will this create a significant variance or will the system know that there is the correct amount in each location and show a difference of $nil?

Thank you,

Brendan

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    SUGGESTED

    HI Brendan, It sounds like the Prepare for Physical task was run prior to the user processing the stock transfer. I would not enter a count for this item for those two locations. Instead complete the physical count for all other items, and once that it posted you can take a look at the balance of this item in each location in Item Setup to see if they are accurate. If they aren't, you can then prepare for physical again and enter the count for this one item in for each of these locations.  Prepare for physical captures the qty on hand stored on the item location records at the point in time the location is prepared and stores it as tthe expected quantity.  The program calculates the difference between the expected quantity and counted quantity so if you were to enter the count it could very well create an unexpected variance.