There are four ways of moving stock manually:
•Simple receipt transactions that only change the quantity in a given warehouse/status.
•Simple issue transactions that only change the quantity in a given warehouse/status.
•Location Transfers between warehouses and/or status: items are issued from one warehouse/status and then receipt into a different warehouse/status.
•Physical Inventory Counting which allows inventory quantities to be corrected.
Inventory transactions may be generated by other functions:
•Receiving of purchase orders, or to shipping of sales orders,
•Shop Floor Control: issue of parts in order to supply a WO, or the receipt into inventory of items released from a work order.
In addition to that, the system generates automatic transactions:
•When a WO is released, the necessary items are reserved: they pass from status AVAIL (available) to status RESV (allocated for production), in the warehouse detailed in the item record.
•When a sales order is prepared, the necessary items are reserved: they pass from status AVAIL (available) to status PREP (reserved for shipping), in the warehouse detailed in the item record.
Each time a function generates an inventory transaction, a note number is automatically assigned.