Material Physical Count

Perform a physical count to determine if stock counts are correct. After the count, compare the number of items in inventory to the actual number of counted items. Items that do not match have either a negative or positive variance. Adjust quantities to reflect the actual number of materials in stock to help determine reorder, transfer, or elimination needs.

Enter physical count values

1. From the Materials menu, select Material Physical Counts.
2. In Warehouse, select the warehouse containing the counted materials.
3. In Date, select the date the physical count was completed.
4. In the Material Physical Counts area, select New. The Material Physical Counts window opens.
5. In Item, enter the item number.

   Note: Use Lookup to select the item. The Item Description and Quantity on Hand fields populate automatically.

6. In Counted Quantity, enter the number of items counted.
7. Select Save to save the count, or select Another to save and add additional counts.

To edit a physical count, select Edit.