Inventory Fields

Here is a description of the fields on the Available Inventory and Adjust Inventory tabs.

Field	Description
Item Description	Description used in conjunction with the item number to describe an item that is to be acquired, stocked and consumed.
Item Number	Name or Number of the Item.
Stocking UOM	Stocking UOM is the unit of measure in which the item is stocked and sold to the customer. For instance, your supplier may sell you a box containing a quantity of 2000 of the item, but your company may sell them as individual units (each). Stocking UOM and Supplier UOM are used to determine if a conversion is required upon receiving an item into stock. The conversion will not be applied unless there are two different units of measure entered for the Supplier UOM and Stocking UOM fields on the item master. The appropriate conversion calculation is derived from the Conversion Factor and Conversion Value fields.
Inspection Required	Indicates whether the item must undergo an inspection before it can be stored or sold.
Active Status	Indicates whether the item is active. If the item is active it can be bought, sold, stored and issued. If an item is not active, it can only be stored and issued.
Serial Number Control	Indicates whether Order and Inventory Management is to enforce unique serial numbers for each item in the inventory.
Inbound Outbound Serial Number?	Indicates whether serial number is tracked on receipt of an item and shipment of an item. This means that an order does not have to be fulfilled by an item with a specific serial number. When selected, any of the matching items in the inventory can be used to fulfill the order, but the serial number of the item being shipped is tracked.
Lot Number Control?	Indicates whether lot tracking is in use for this item.
Shelf Life Control?	Indicates whether the item has an expiration date. When selected, you must enter an Expiration Date when the item is inspected and once that date expires, the item cannot be sold. You can generate a report to monitor expiration dates.
Life Limited Control?	Indicates whether the item has parts that are subject to life limited controls. For instance, when selected , you can track time and cycles since a machine was overhauled. When selected, master counts are added to the inventory record when an inspection takes place.

Buttons

Key: A – Only displayed on the Available Inventory tab; B – Only displayed on the Adjust Inventory tab.

Button		Description
Adjust Condition	B	Allows you to change the recorded condition of items at the selected inventory position.
Adjust Current Value	B	Allows you to change the current value of the items at the selected inventory position.
Adjust Ownership	B	Allows you to change the ownership of the items at the selected inventory position.
Cycle Count		Initiates a cycle count A procedure used to audit the items in the inventory against the actual items on the shelves in the warehouses. of inventory at the selected inventory positions or if no inventory positions are selected, initiates a cycle count for every available inventory location of the item.
Hold	A	Holds the item at the selected inventory position so that it is not available to fulfill orders.
Item Detail		Displays the Item Master The record of a product or a service which is to be sold and/or stocked in a warehouse. An item master might also be referred to as a Stock Keeping Unit (SKU). of the item.
Item Overview		Displays the Item Overview page for the item where you can view a breakdown of availability, sales and procurement information. You can also display the Item Detail, Available Inventory and Adjust Inventory tabs from this page.
Miscellaneous Issue		Issues an item from inventory for a reason other than customer sales or supplier added value.
Miscellaneous Receipt		Adds items to the available inventory for a reason other than through the normal acquisition process.
Move	A	Initiates a move of the items at the selected inventory position to another location in the sale warehouse.
Remove Hold	A	Removes the holds on items at the selected inventory position so that they are available to fulfill orders.
Scrap	A	Scraps inventory at the selected inventory positions.
Transfer	A	Initiates a transfer of items at the selected inventory position to another warehouse.