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Hi I have 3 questions in relation to the above topic. First of all, there are existing items used for sale BUT never set as inventory or ever had quantities on hand.So have some questions in relation to converting existing items as inventory:-
1. Not able to set items which have had sales into inventory.How can one achieve that?
2. If the items that have never had a count on hand, there will be a difference between count and on hand if converted with quantities-how do I treat this as it is really not a real difference?
3. What is the best and quickest way to set all active items to inventory with a count of quantities?
Many thanks NF
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Thank you very much for posting on the MYOB Community Forum. I hope you find it a fantastic resource.
Hope that helps, if you have any other queries at all please don't hesitate to reach out.
Thanks very much for the prompt response. Very clear response.
2. Perhaps i should clarify. NF has never used inventory but merely an items list for selling their items.So no count has ever been done until now. So when you say "adjust the on-hand quantity to be the current on-hand quantity', do you mean input the quantity in 'counted' column and then obviously there would be a difference between 'On Hand' and 'Counted'. How does this difference get resolved, via Adjust Inventory item by item?
3. Is the "Count Inventory' and exportable list so that it can be updated and then imported back in otherwise it is a manual exercise right?
Sorry for request for clarification- first time doing this conversion from items list to inventory with quantities
Many Thanks NF
Basically Count Inventory is an easy way to count your current real life on-hand stock levels and adjust the ARL on-hand quantity to match. The time saving comes in that it will calculate the quantity to adjust your inventory by automatically, so all you have to do is count how many you have in your warehouse etc. For example if I have an on-hand quantity of 195 and I count 200, the difference is +5. I then hit Adjust Inventory and the adjustment quantity is 5 (as I wish to increase my ARL on-hand quantity by +5) and the unit cost/amount etc already pre-calculated for me.
Hopefully this clarifies some things. As always if you have any other questions at all please don't hesitate to reach out.