Order Entry requires the Inventory Control application. Inventory, sales, and cost of goods sold accounts default from Inventory Control master files. Costing of goods sold is based both on the costing method used in Inventory Control and on data contained in the Inventory Control files. In Order Entry, available quantities are displayed on-screen during data entry and on various reports. These quantities are derived from Inventory Control records. The drop shipment capability of Order Entry is derived from Inventory Control.
On hand and committed quantities in the Inventory Control Products by Warehouse file are updated online during Sales Orders entry and Shipping Confirmation Entry.
- On hand and on order quantities, purchase history, and inventory costing data are updated in the files that Purchase Orders shares with Inventory Control.
- Product (on hand) receipts can be entered through one of the two applications. (The application used for receipt entry is specified in the Purchase Orders Parameters file.)
- History in the Products by Vendor file can be updated during end-of-month processing in either application.
- Information in the Products By Vendor file can be maintained on either a calendar or a fiscal year basis. Detail can be maintained with breakdowns by individual vendor, if this option is chosen in the Inventory Control Parameters file.
- The estimated freight option is available, if it is selected in the Inventory Control Parameters file. If this option is selected the system increases the cost of products by a given percentage when invoices are posted, before updating the costs in inventory, to cover the estimated freight cost.