If you’re looking to start barcoding your inventory in MISys, there are some great standard reports that you can use to your advantage.

If you use FIFO as your costing method, you might be confused as to which valuation report you should use to reconcile your inventory balance with the accounting software after a period end post.

MISys has TWO item valuation reports and these reports yield somewhat different results.

If you have enabled the Multi-currency features of MISys Manufacturing, the Currency Services function stores the foreign currencies you wish to associate with your Suppliers and the default exchange rate between those currencies and your home currency.

Improvement Projects and Manufacturing Control rely on good data to track progress. A straightforward way to get data from a Manufacturing System is with a data export. For example, the actual run times for an operation can be exported to excel in a few minutes. Once exported you can quickly run some basic statistical tests in Excel or Minitab to confirm the data is normally distributed around the mean, which includes detecting data outliers that could adversely impact decisions made from those results.

If you’re using MISys and on AVG or STD Costings (or even FIFO) – you may want some clarification on exactly what these variance accounts are for and when are they used in transactions.

When using MISys Manufacturing with QuickBooks as the accounting software – it is important to remember that each user needs to have their permissions pre-defined within QuickBooks in order to effectively post the three types of transactions that affect the GL àSales Transfers, PO Invoicing & Period Ends.