Manage Inventory States
Manage Inventory States
This guide outlines how you can manage inventory changes.
Reconcile Inventory
Reconcile inventory is designed to be used when taking a new inventory count and wishing to update previous inventory levels directly to the latest count.
To reconcile inventory, begin by selecting Reconcile Inventory from the table controls. This action will open a modal where you can input the new inventory count. Enter the updated SKU quantities in the available fields.
Reconcile Inventory is a Count: Input the new TOTAL, not the difference between previous and current counts.
Record any gains or losses observed. These will be automatically reflected when inventory is in bond, updating the TTB 5120.17 form. Use the Save button to confirm changes or Cancel to discard.
Blended enables multi-SKU updating. Select multiple SKUs and select Reconcile Inventory to update all SKUs chosen from a single modal.
Transfer Between Locations
To move inventory from one location to another, click the Assign Location button. A modal will open. Specify how much you wish to transfer and specify the new location. Click Save to confirm.
Transfer Between Tax Classes
To move inventory from In Bond to Tax Paid, click the Send to Tax Paid button. A modal will open. Select the SKUs you wish to transfer. Specify the quantity to be moved. Click Save to confirm.
To move inventory back to In Bond, click the Send back to In Bond button. In the modal, select the SKUs to be transferred. Enter the quantity to be moved. Click Save to confirm.
Log Sales and Usage
Select the SKU Allocation(s) you'd like to depreciate and then click the Log Sales and Usage button to depreciate inventory. This will bring up the model below and give you various options for recording sales.