Inventory Reconciliation
Inventory Reconciliation
The Inventory Reconciliation function in Bizops can be used to record a physical count of Inventory by Warehouse Location. There is also an option to correct the available inventory in Bizops of any discrepancies are found between the actual count and the count reported by Bizops.
The first step is to create a new Inventory Reconciliation Batch.
From the Inventory->Reconciliation screen in Bizops, click on New Reconciliation.
On the new Inventory Reconciliation screen , enter a title for the Batch and Select the Warehouse. The Update Option can be used to specify if the process is only for reporting purposes ( Save Only) or to also make correction ( Adjust Inventory).
From the Reconciliation List page, click on the Manage option for the batch. The Inventory Locations (for the reconciliation to be conducted) need to be selected. At least one location must be selected and added to the Batch.
Once a location has been selected , the reconciliation process can be commenced by Scanning all the physical inventory from the location.
The following type of barcodes can be scanned.
Bizops Inventory Barcodes.
UPC Barcodes.
Product SKU barcodes.
The Avl Qty column displays the available quantity as per Bizops. The actual quantity (physical quantity) can be entered in the Actual Qty column. If the Update Option is Set to “Adjust Inventory” , an adjustment will be made in Bizops to make the Bizops Available Quantity in Bizops same as what has been entered.
In case the Barcode scanned is in a different location than the location selected, the actual location is displayed in the Avl Qty Column. The Actual Qty column shows Zero as there is no available quantity in the selected location.
In case a quantity is entered and the Update Option is set to “Adjust Inventory”, Bizops will adjust the quantity available, mode and also perform an Inventory transfer to correct the item’s location.
Once All the items from the selected location are scanned, the user can select the next location and repeat the process.
A listing of all the items scanned and the details can be viewed from the Reconciliation Report screen. This can also be exported to Excel.
Clicking on the detail column will display the adjustments made (if any) for the item.
Copyright 2018 Aegis Commerce Solutions
Toggle navigation