OVERVIEW:

The Inventory module tracks inventory by store and warehouse by SKU. It is a

perpetual inventory, and is fully integrated to the general ledger/interface.  It utilizes

the cost method (continuously calculated average cost).

The system provides for detail level tracking of receipts to warehouse and transfers

to stores, returns to vendors, inter-store transfers, markups, markdowns, cost/retail

adjustments and provides for physical inventory taking and revaluations.

FEATURES:

Interface to third party inventory taking services

Physicals can be taken for any or all stores, and within a store for any or all departments

Identification to style, size and color

Automated transfer reconciliation

Default cost lookup

Perpetual inventory transaction audit trail

Capability to re-class at Department/Class level       

Automated transfer of history for Department, Class

Markdown tracking and management

Markdown inquiries               

Price change tracking

Variance exception reporting

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