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This module may be used either independently or integrated with USL Financials General Ledger, Purchase Order, Purchase Requisitions, and/or Job Cost. It provides for inventory valuation by LIFO, FIFO, Average, or a modified Standard Cost Method, and supports multiple companies and multiple warehouses. It has an unlimited number of balance sheet inventory accounts that can be used.
These accounts can be classified as being for merchandise, finished goods, raw materials, work in process, etc. Inventory transactions for credit memos use the credit memo account contained in the item record. This allows reports to be stored on disk to save computer time, and then printed later at your convenience. You also have the ability to maintain item information and print item lists, keep inventory status and print status reports, and allows you to enter, change, delete, and post inventory transactions and to print an edit list and a transaction journal.
"Inventory Control" is part of the USL Financials line of products, developed by Public Sector Solutions.