Understanding Quantities In Order Time
Understanding Quantities In Order Time, a helpful guide
How Order Time consumes Inventory
How does Order Time consume Inventory?
Complete an Inventory Adjustment
Overview Inventory adjustments are increases or decreases made in inventory to account for theft, loss, breakages, and errors in the amount or number of items received. Complete an Inventory Adjustment The Create New Adjustment ...
Generate a Cycle Count
Overview A cycle count is an inventory auditing procedure, which falls under inventory management, where a small subset of inventory, in a specific location, is counted on a specified day. Generate a Cycle Count The Create New Count module ...
Complete a New Location Transfer
Overview If your business operates from multiple locations, then it's likely that you'll need to shift inventory between them at some point. Since it's vital to keep track of where exactly your Items are located at any given time,...
Create New Bin Move
Overview Moving items from one bin to another can be easily completed in OrderTime. A Bin Move allows you to complete the move, record the date in which it was completed, record the quantity. Create New Bin Move The Create New Bin ...
Complete a Value Adjustment
Creating an inventory value adjustment in Order Time under the Warehouse tab.
Order Time and FIFO
Inventory Value in Order Time is determined using the First In, First Out (FIFO) method with the exception of Items that are tracking Lot / Serial Numbers. First-in-first-out (FIFO): Meaning your costs of sales in determined by cost of the items you purchased the earliest and inventory is comprised of cost of the items you purchased the latest.
Can Make in Reports
In Order Time Can Make is an Inventory Status that is a calculation of the availability of the components required in the Bill of Materials to produce the finished Kit Item or Assembly Item.