PHYSICAL INVENTORY

• supports tagged inventory of all products and reconciled

• detailed reporting is available by tag number and by part number showing both quantity and cost at standard

• the Missing Tag List reports on all unrecorded tags

• Physical/Perpetual Comparison report by part number provides a comprehensive look at all discrepancies

• Inventory Valuation Reports show all inventories at both standard and FIFO

• once reconciliation is complete, the physical count is copied to the perpetual, taking into account any transactions entered since the Physical was started

• give valuation at FIFO purchase value of components