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IM — Inventory Management

Inventory Management

IM Inventory Management Module

Comprehensive inventory and warehouse management — goods receipt from purchase orders/contracts, rights transfer, penalty deduction, material requisitions/issues, inter-warehouse transfers, FIFO/LOT tracking, reorder point alerts, and stock balance reports.

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Inventory Management

Key Features

  • Receive goods from purchase orders/contracts — auto budget data pull
  • Support goods receipt for purchase/contract/lease, rights transfer, penalty deduction
  • Material requisition with approval workflow
  • Issue materials from warehouse — FIFO or LOT method
  • Transfer materials between warehouses
  • Reorder point alerts
  • Unlimited warehouses and storage locations (Locators)
  • Define items with code, category, unit of measure, and tax type
  • Supports Perpetual Cost and Periodic Cost
  • Stock updates upon goods receipt completion

Main Screens

CodeScreen NameDescription
IM-01Goods ReceiptPull data from PO/contract, receive with inspection committee
IM-03Material RequisitionCreate Material Requisition and issue goods from warehouse; subject to approval
IM-04Material IssueIssue materials from warehouse per requisition, print issue slip
IM-07Inter-Warehouse TransferTransfer materials between warehouses

Reports

  • Inventory Balance by LOT
  • Goods Receipt/Issue Status Summary
  • Material Register
  • Asset Register with Depreciation
PO — Purchase Order
FA — Fixed Assets
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