Inventory Preferences

 

These preferences affect how inventory is valued and whether you want reasons for adjustments.

 

To Edit Inventory Preferences:

1.  Select Settings  (upper left corner).

2.     Choose Preferences .

3.  Select Inventory .

4.  Enter the details as below.

5.  Click Save .

 

Field

Details

Value Inventory Using

Select one of the following options for Value Inventory Using:

     FIFO (First-in-First-Out) –  values the inventory counted based on the price paid.

     Last Cost (Current Cost) – values inventory at the current price for the default case cost in the Items window.

     Weighted Average – takes all purchases for the period, calculates the total purchased, divided by the total cost.

Ask to Summarize on Close

The default is set to Yes. If you wish to turn it off, UNCHECK the box.

NOTE: This feature is very useful as it will make sure that you do not forget to summarize and finalize a Count Sheet.

Require Reason for Inventory Adjustments

We recommend you turn this feature On as it forces a reason when adjusting Inventory Count. To turn it on, CHECK the box.

Count Sheet Column Display

 

 

 

This feature allows you to select which columns you would like to count at inventory time. By default, the count sheets will contain the purchase unit, count (split unit) and recipe unit. Select one of the following options for the Count Sheet Column Display:

     All Columns – this will show the purchase, case and recipe units on the Count Sheets.

     Show Purchase and Case Count Columns – this will only show these two columns.

     Show Only Case Count Column – this will show the case (split case) unit only.

Inventory Interface

Select if using Freepour or Bluestreak bar bottle scan and weigh software.

Prep Par Level

This sets the desired time frame that Prep Par Levels are calculated by default. See Prep Par Levels.

Select a Start Date

Select an End Date

Default Prep Margin

When creating prep sheets in reports, you can increase or decrease prep amounts within the report, but a default amount can be set here.

 

      The Count Sheet Column Display is best done before an Inventory is created. However, if you have existing Count Sheets, the counts in the column(s) you chose to hide will be part of the Inventory Summary. Before removing a column, make sure you have no counts in it otherwise, the counts may be confusing in the final inventory valuation.