Inventory counting overview

When you create a count book, you specify the items from the storeroom that you want to include in the count book. You record physical counts for items, and reconcile individual line items or groups of items.

Inventory count books
A count book is a list of items in a storeroom for which you want to periodically record inventory physical counts. You can check the accuracy of the system-calculated balances relative to the physical counts and reconcile the differences.
Inventory count groups
Inventory count groups (ICGs) can be used to subdivide items in a storeroom into smaller groups, so that inventory counting can be managed more efficiently.
Inventory count tolerances
You establish plus and minus count tolerances, expressed as percentages, for each item in a storeroom. The tolerances are used to determine the accuracy of the physical count compared to the system-calculated current balance.
Reconciliation of item balances
When you reconcile item balances, the physical count is compared to the adjusted current balance for each item. You can reconcile item balances for counts that match the current balance from the Inventory Counting (Tr) application.

Parent topic: Inventory Counting (Tr) application