Track inventory by lot or serial number. Assign or enter lot/serial numbers on receive, issue, or assembly. Associate item specific valuation methods to serial numbers to track specific costs.
Expired items can be automatically removed from available inventory. Acumatica can automatically issue items with the earliest expiration date to minimize losses.
Measure trends and spot problems by assigning reason codes to inventory transactions. Reason codes can be linked to both GL accounts and inventory levels for financial and operational reporting.
Inventory transfers are done in two steps so you can track goods in transit between locations – with GL entries into and out of an “in transit” account.
Specify the types of items and transactions allowed, picking priority, and cost by bin and location.
Lower your inventory with system-generated replenishment recommendations based on historical sales data analysis.
Simplify reporting and tracking by separating items into sub-categories such as size, color, and style. Associate separate cost and quality information with each sub-item.
Automatically generate purchase orders based on stock level and replenishment algorithms. Orders go to the vendor with the best price and delivery time.
Manage complex pricing and discount policies including volume discounts and multiple discounts per item. Maintain policies for price overrides.
Convert CRM opportunities to sales orders without re-entering pricing and discount information. Customer service can easily locate orders to verify shipping and delivery status.
Create item classes using a tree-like hierarchy with parent-child relationships and define the default class for stock and non-stock items.