The following procedures are covered in this manual:
The data entry of the Inventory Product Master File. A product code and general ledger controlling account must be entered for an inventory product before either vouchers or invoices can be entered for that product.
The data entry of inventory adjustments. The adjustment screen allows the recording of increases and decreases to inventory that are not the result of purchases or sales.
The accessing of inventory balances for each period of a selected year.
The calculation of average unit cost and the selling price based on the margin percentage.
The printing of inventory reports.
Setting up beginning balances for the inventory products.