Using Inventory Options

Inventory Options allow the user to configure Net•Yield to the inventory control and reporting options to best implement internal inventory control policies.

• The Inventory Reconciliation option can be used to quickly reconcile your physical inventory to the actual on-hand balance in Net•Yield.
• The Reconciliation Adjustment Limit caps the quantity that can be adjusted in Inventory Reconciliation.
• Within Inventory Options, actual historical yields or standard yields assigned to an item(s) can be used to determine the amount of raw material needed to produce a finished good.
• The work order yield or fully absorbed production costs can be defaulted to display in Work Order. The default yielding method and which methods are available to use in work orders are assigned in Inventory Options.
• The length of time a lot is left open and additional inventory can be added to the lot in Inventory Options.
• System settings to use the Net•Yield Non-Owned Inventory tracking option are set in Inventory Options. These tools allow the user to track the receipt and shipment of inventory being stored for a customer or vendor in your warehouse. The inventory is kept separate by customer or vendor and gives the user full lot tracing tools and reports for the non-owned inventory stored.
• The ability to consolidate multiple lots into one lot in Planned Transfers is controlled in Inventory Options and Location.

Note: The first eight fields pertain to the row of label options that appear at the top of the options screen. The first five fields allow you to specify whether inventory labels should be used in various functions, and the next fields determine the system default label template and number of copies. Items can be setup to use a different template, copies, and pounds per label.

When you first enter the Inventory Options function, an Item Info screen will appear along with command options:

• Change – Select Change to make changes to your inventory options.
• Item Info – Select Item Info to open the item info page to create/modify item info tags.
• Forms – Select Forms to modify the printed forms used for inventory purposes.
• Labels – Select Labels to modify inventory labels used in Purchasing, Receiving Purchase Orders, Complete Purchase Orders, Inventory Transfers, Planned Transfers, Work Orders, Inventory Adjustments, and Item Inquiry.
• Exit – Select Exit to exit the option.

Use the Available Actions links below for more information.

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