Physical inventory counting tip.

 
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A lot of companies working with MISys will have the same item in more than one place in their warehouse. When the time comes for those companies to do a physical inventory they can give a count sheet to each of the staff doing the counting, and enter a batch into MISys for each one of those people. When the physical inventory is finally posted, the poster simply needs to choose “total duplicate entries” while making sure that all of the batches are checked off in order to post them all at the same time. This will make the system add up the results of all the batches together in order to determine how much of a given item is on hand in the warehouse.

Make sense? Get in touch if you have questions.

P.

 
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Returning goods to supplier in MISys using FIFO or LIFO costing method.

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Add this to your monthly MISys “to do” list.