FA. Inventory Accounting

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Guide

“Inventory Accounting” module helps to control all stock receipt, issue and transfer transactions. You are enabled to select inventory costing method in accordance with business requirements: monthly average, moving average or FIFO. Rapid calculating speed, even with thousands of item codes and large number of receipt and issue vouchers. Many reports for receipt, issue and stock statistic and analysis.

Function menu

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Item list

  • Item code length up to 16 characters
  • Three fields to classify item by different criteria
  • Allow to define relating default accounts - inventory account, cost of goods sold account, account... for auto accounting receiving, issuing vouchers.

Data entry

  • Vouchers:
    • Receipt
    • Issue
    • Stock transfer
  • Allow to enter data of many contracts/jobs/In-Out codes (contra account) in one screen.
  • Allow to enter data of goods received in/issued from many sites/ warehouses in one screen.
  • Allow one-step transfer – auto-create receipt voucher or two-step transfer – create receipt, issue vouchers separately.
  • Quantity on hand checking for goods issued.
  • Print voucher directly from software in user-defined form

Issue voucher screen

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Utility

  • Import lists and opening balance from excel
  • Import vouchers from excel
  • Export data to excel.

Calculate and update inventory cost

  • Calculate and update inventory cost by different costing methods: monthly/daily average, FIFO, specific cost.

Receiving reports

  • Receipt transaction list
  • Receipt transaction list of an item
  • Receipt transaction list of an item by supplier
  • Receipt transaction list of an item by transaction type
  • Receipt transaction list of a supplier by item
  • Summary report on goods received
  • Receiving report by supplier, transaction type
  • Receiving report by two criteria
  • Receiving report – Multi-period

Issuing reports

  • Issue transaction list
  • Issue transaction list of an item
  • Issue transaction list of an item by customer
  • Issue transaction list of an item by transaction type
  • Issue transaction list of a customer by item
  • Summary report on goods issued
  • Issuing report by customer, transaction type
  • Issuing report by two criteria
  • Issuing report – Multi-period

Inventory reports

  • Stock card
  • Stock card (Multi-item)
  • Item balance inquiry
  • Stock summary
  • Stock report
  • Stock report by site
  • Stock report by receipt (FIFO cost)
  • Under min stock report
  • Over max stock report
  • Monthly average cost sheet.

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Last Updated Wednesday, 30/10/2013, 11:33:20, (GMT+7)  

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