Setting Up a Cycle Count
THIS SECTION IS MANAGED BY FINANCE
In order for Cycle Counts to take place there is some back-end information that needs to be entered.
Follow the path: Xmc>Material Management >Inventory Management >Setup >Cycle Count Period Definition
Image Inventory Management 18
You will need to define the periods, they can be any length desired. They do not need to follow your accounting periods.
Click New to create a New Cycle Count
Image Inventory Management 19
It will automatically assign the period number for you. This is not an option. The year will automatically default to the current year.
- Enter Description
- Enter Period Start
- Enter Period End
- Enter Save
Image Inventory Management 20
NOTE: Shorter Cycles tend to be better, since you need to complete a cycle before you can start a new one. If you have a month open, if you need to do any ad-hoc cycle counting in between you could not do this, since that whole month would still be open. You would need to go to quantity adjustment to do any changes. There is an option to assign: specific items, A,B,C, random and repetitive counts. Where does this information reside?