Annual physical stock count

[kumar (CA. KUMAR G)]

Would like to know process steps for annual stock take warehouse wise in a site (not cycle count)
To generate tag/ tag entry/ draw variance/ revise tag entry/ finalise variance/ post

[ckrusen (Calvin Krusen)]

Here’s a link to a topic on Physical Inventory. Included in my post is a pdf outlining the steps that we do. Note that your actual process might vary slightly, but the fundamentals are the same.

Physical inventory question

Here’s a doc I recently sent our new controller. It’s the basic step-by-step instructions (and some notes) of doing a Phys Inv in E10 There are some specifics to our company (multi-site, and the references to a custom report styles we used for the tags and the Count Variance Calculation Report) Hope it helps E10 Phys Inv.pdf (338.3 KB) Edit: That doc is just a cut and paste from an email I sen, and not intended to be a descriptive step-by-step for all variations. It’s just what works for …

Some notes about that PDF:

1. It was instructions to a new person in our company, and references things about our company (like site names: CHAL, GUTH, etc…)
2. In part 3.b.iv, I reference a custom report style, you won’t see this. Choose the built-in one.

Edit #2

Definitely try this out in your test environment first.

And the most important thing to remember, is that Phys Inv merely creates ADJ-QTY transactions. But unlike a Qty Adjustment where you enter the qty to add or subtract from the current QOH. In a Phys Inv, you enter the qty you counted, and it calculates the difference for the adjustment.