The inventory is fully integrated with the General Ledger, Accounts Payable, and Accounts Receivable modules to prevent any double accounting.
- Supports multiple warehouse as well as transfers between warehouses
- Supports standard cost, current cost, and list prices for each individual item
- Supports FIFO and LIFO perpetual valuation methods per inventory item
- Define an items unit of measure, items, and preferred vendors
- Conduct audit counts for employees to check their recorded inventory with an item count in a warehouse
- Update item counts through bills and invoices or manually adjust item counts to handle any damaged items