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Showing articles from variance tag

Zero Inventory Variance in Previous Year

In previous year go into  A. Accounting, D. Charts of Accounts, F6. Options, D. Inventory Utilities, B. Zero Inventory variation. In current year,  Accounting, Charts of Accounts, E. Update Last year from, N - to year before,  Click on last year tab, Yes to auto balance retained earnings.

Inventory Cycle Count

How to use the Cycle Count to maintain your inventory and track inventory variances 1) identify items with NO location R. Reporting System A. Inventory R. Inventory Maintenance A. Standard Count Sheet V. Report By Location do not enter any locations, select OK select YES to the prompt  "Would you like to Se…

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