Inventory counts are used to calculate shrinkage, damaged goods and to correct any quantity on hand discrepancies. You can count everything all at once or do a partial count using categories, tags or manufacturers.
Before you start your new inventory count, we recommend:
- Correcting your Asset Report
- Exporting your Asset Report
To start a new inventory count, go to Doing inventory counts.
After you finish your inventory count, we recommend archiving your items with zero stock.
Correcting your Asset Report
- From the main menu, click on Reports > Assets.
- Click on the column header Margin to sort your search results.
- Click the Item Descriptions to make the below corrections:
- 100% Margins: enter a Default Cost.
- 0% Margins: enter a Default Price.
- Negative Margins: enter a Default Price that is higher than your Default Cost.
Exporting your Asset Report
- Correct your Asset Report.
- From the main menu, click on Reports > Assets.
- On the top right of the search Result, click on Export.
NOTE: Export your Asset Report before beginning your inventory count as acquiring this data after reconciling is difficult.
Archiving items with zero stock
- Correct and export your Asset Report.
- Got to Settings > Archive Items.
- Archive items with zero stock by following the below:
- Individual items: click on the Archive icon next to the item.
- Multiple items: select item checkboxes and click Archive button at the bottom of the search results.
- Columns of items: select the checkbox at the bottom of the search results and click the Archive button .
NOTE: To include items with stock, check the With Inventory box and click Search. To maximize your search results per page, click on # PER PAGE > enter 100 > click OK.