Inventory Control

Inventory management is the most critical factor in successful businesses today. The need to maintain the best possible margins in a rapidly changing market as well as stocking only the products that sell is a must. Keeping stock levels realistic, and observing what is happening to your quantities on a daily basis is the reason most businesses have embraced computer technology.

• Movement codes based on the volume of sales
• Minimum and maximum order quantities per vendor
• Each item may be set to allow discounts or not
• Product weight and volume references
• Multiple bin location coding
• Each item may be set to taxable or nontaxable
• Items may be coded to allow or disallow reordering
• Physical and cycle count programs
• Automatic calculation of the average cost of items
• Code fields you can define for reporting purposes
• Mass change program for easy maintenance
• Quick inventory adjustments to quantities or costs
• Serial number and warranty tracking
• Commission tracking by item
• Track General Ledger activity by item or dept/classes
• Unlimited vendors per item
• Unlimited bar codes per item
• Purchase and/or quoted price history
• Minimum and maximum order quantities per vendor
• Reorder points may be set for each vendor
• Sell each item by eight different packaging units
• Multifaceted automatic pricing structures available
• Optional auto repricing, based on cost changes
• Pricing options, based on margins
• Promotional Sales may be pre-entered for automatic pricing during the sale
• Promotional reports provide valuable advertising information
• Automatic or manual price labels or bin tags with or without bar codes
• Price rounding table configuration
• Specify the pricing unit for selling, purchasing on-hand quantities, etc
• Price calculator set to each items packaging units
• Daily, month, yearly, and prior year's sales, quantities, and cost activity is easily accessed
• Complete tracking of all quantity change
• Automatic reordering suggestions base on movement history
• Advantage inventory report parameters may be customized by choosing several available options
• Frequently run reports may be saved by a name you determine for quick printing
• Overstock or Understock Report (system generated purchase order)
• Valuation and Gross Margin Report
• Stock Status Report
• General Inventory Report
• Cost of Sales Report
• Inventory Tracking Report
• Physical/Cycle Count Sheets
• Report of Slow-Moving Items
• Bar Code Report
• Inventory LIFO Report
• Price Book of Sale Items