Inventory Control Features
ManageMore inventory comes with an incredible amount of features that help you manage your most valuable asset – your inventory. Some of the most important features are listed below.
Inventory Control Features
- Integrates with Accounts Receivable, Accounts Payable, and General Ledger
- Maintains complete information for each inventory item, including quantity on-hand, on-order, held, pending, vendors, substitute items, and transaction history for an unlimited number of years
- Allows up to 8 price levels per item with markup or discount price level definitions
- Provides Inventory templates for rapid creation of similar inventory items
- Provides complete physical inventory capabilities with simple inventory count processes that create worksheets and perpetual reports for variance checking
- Provides instant inquiry of part information including: receipts, issues, returns and adjustments
- Tracks quantities for one warehouse/location or multiple locations and provides inventory transfer option that allows parts to be easily moved between locations
- Allows Inventory counting while continuing to process transactions
- Allows Inventory adjustments by quantities and costs
- Provides five pricing methods (Markup, Margin, Fixed Percentage, Reduction Amount and Fixed Price) for each part
- Tracks serial/lot numbers for parts and indicates when parts are received, issued or return to inventory (requires Serial Number Manager add-on option)
- Stores and displays images of your parts. Supports most standard graphic file types including .bmp, .gif, .jpg, and .tif
- Uses Average, Last, LIFO or FIFO Costing method for all purchases, sales, transfers and adjustment on inventory
- Provides short and long description up to 500 characters
- Track minimum and maximum stocking levels for each part screen shot
- Allows five user-defined product attributes to be assigned to parts to further describe parts (i.e., size, style, color, etc.)
- Allows global changes to multiple part records at the same time to expedite data entry
- Permits pricing information for parts to be updated automatically through global price change feature
- Allows Inventory kits which permits you to build components into finished items and automatically reduces appropriate inventory levels of each component from stock when invoiced
- Allocate items to as many different journal entries as needed
- Easily discontinue items with special option that lets the program auto-discontinue a part after the last item is sold from inventory
- Allows Inventory reconciliation by various means including cycle counting using ABC analysis
- Allows importing of inventory items for rapidly adding new products from vendors
- Allows discontinued items to be sold until depleted, but not allow any future purchase orders for that item
- Allows restocking fees to be defined per inventory item
- Allows for unit of measure (e.g., hours, lbs, feet, inches, gross, dozen, six pack, etc.) on both purchase and sale of item with unit quantity conversion capabilities
- Support for fractional quantity entry (e.g., 1.5 hours, 2.25 lbs, 3.75 liters, 2.5 yards, etc.)
- Supports entry of unit cost and unit price with precision to 5 decimal place accuracy
- Allows searching of inventory items be several methods including SKU, UPC, Description, Department, Category, Attribute or our unique Intellisearch feature
- Allows unlimited alias codes to be assigned as alternate lookup methods for any inventory item. Includes ability to override the price of an item based on the alias code selected
