Sage 50 Quantum Accounting helps you manage the delicate balance between too much inventory and not enough. The true cost of carrying inventory, such as storage, insurance and taxes, can have a significant impact on your business’s profitability.

Inventory Tracking and Replenishment

• Create and track inventory items based on user defined attributes such as size, color, style, and more.
• Maintain accurate Quantity on Hand information by reserving inventory requested on Purchase Orders and Sales Orders.
• Automatically create purchase order to replenish inventory when inventory reaches a predetermined level. It’s also possible to create purchase orders from sales orders and invoices.

Inventory Pricing and Multiple Costing Methods

• Establish up to 10 different, customizable price levels per item. It’s easy to update prices by a specific dollar amount or percentage.
• Apply a pricing change to a handful of items or everything in inventory.
• Apply price increases or decreases globally, rounding prices to a specific cent or dollar amount.
• Choose among the Average, LIFO, FIFO, and Specific Unit inventory costing methods.

Additional Inventory/Vendor Management features & benefits:

• Serialized Item Tracking & Costing
• Warranty Tracking
• Quantity Discounting
• Just-in-Time Purchasing Flexibility
• Assembly History Tracking
• Storing of additional inventory attributes
• Commissionable Item Tracking
• Drop Shipments
• Master stock and sub item tracking
• Work Ticket Tracking