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Inventory List

 

 

 

 

Inventory List is the list for all items created under Inventory no matter it’s inventoried or not.

 

Fields explained in Inventory List

          

 

Table Field

 

1.Inventory Name/Number: This is the unique Inventory name or number assigned by user while generating the inventory.

2.Quantity On hand is the current available quantity on each inventory, which equals to purchase quantity on open bill + quantity on closed purchase bill + adjust item – Debit notes - Sales open invoice – sales closed invoice + credit notes – build item quantity.

3.Average Cost: This is system calculated value for each inventory, which is equal to current value divided by Quantity On Hand.

4.Committed: This is the quantity currently on outstanding Sales Order.  

5.On Order: This is the quantity currently on outstanding Purchase Order 

6.Selling price is the amount pre-saved under Inventory Details.

Function List

 

7.All Inventories is defaulted as the primary selection once user clicks into Inventory List. This normally contains every inventory items created by user.

8.Sold: Only items have been ticked Sell check-box in Item details would be displayed under Sold tab.

9.Bought: Only items have been ticked Buy check-box in Item details would be displayed under Bought tab.

10.Inventoried: Only items have been ticked Inventoried check-box in Item details would be displayed under Inventoried tab.

11.New Inventory: User may create New Inventory item by clicking this button.

12.Action: This button is to Edit and delete the selected Inventory Item. And it also has Show Inactive Inventory function. User needs to select the inventory item first before taking any Action.

          

13.Delete function: once user clicks the delete button, the system will check if this item has been linked to any transaction, such as purchase, sales, build item, or inventory adjustment. If yes, this item cannot be deleted. A popup screen will show “This item is connected with transaction, which cannot be deleted!”

 

 

 

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