Frequently Asked Questions – Inventory

Using the standard ManageMore database format, one can create approximately 2,000,000 inventory items for all locations.

Absolutely.  Each inventory item can be associated with up to three different vendors and their associated EOQ, best cost, last cost, minimum order, etc.

For accounting and auditing reasons, ManageMore does not allow you to change quantity on hand after you have already starting selling the item.  One can easily raise or lower item quantities by performing an inventory adjustment transaction.  This adjustment document is kept in history for auditing purposes and is the proper way of dealing with inventory loss.  You can also peform a physical inventory count, that allows you to enter the count on hand, to calculate the adjustment.

Yes.  ManageMore uses correct practices for receiving, selling, transferring and adjusting inventory items that are tracked by their serial number.  This feature requires the Inventory Serial Number Manager add-on module.

Yes. ManageMore has an import feature that can be used to easily create new inventory items from your distributors, manufacturers, dealers, etc.

Of course.  All items keep a running M-T-D, Q-T-D, and Y-T-D statistics for as far back as that item existed in your inventory.  Simply edit an item from inventory, and all the statistics will be there for you to make sound judgment on future orders.  In addition, ManageMore makes it easy to re-order products, by including a Purchase Order Wizard, that calculates your average daily sales, and tells you exactly how much you need to order.