Physicals By Lot

Inventory → Common → Physical By Lot

We have added a new column called "Last Physical". This will need to be added to the screen using the Column Chooser context menu.

When added, this column will display the last physical inventory date taken for the displayed inventory balance. 

Physicals By Location

Inventory → Common → Physical By Location

We have added a new column called "Last Physical". This will need to be added to the screen using the Column Chooser context menu.

When added, this column will display the last physical inventory date taken for the displayed inventory balance. 

I enter a physical adjustment and reload the screen. We can see the inventory has now been corrected. 

Inventory balances will report the new balance as-of that date.

GL distributions have been updated to account for the difference in inventory caused by the physical. 

Whenever we load this inventory, we will see a "Last Physical Date". This is the last date in the database that a physical was taken on.

Prior to this date, Inventory can no longer be used, allocated, or transferred anywhere else in ERP.

If we navigate to an as-of date prior to a physical, we will see the latest of those physicals in this field. If we navigate past a physical, we will see no value. This simulates what the various inventory control systems will see when they attempt to change inventory as-of a date. If a physical is there, it will be prevented.

Deleting Physicals

To resolve issues with as-of inventory usage that happens before physical counts are taken, we have added validations that will prevent users from performing a usage, allocation, transfer or adjustment after a physical has taken.

The only way to allow users to proceed will be to delete the physical inventory. The current forms do not include this feature, so we are adding it.

To delete physical inventory counts by lot or location we will need:

• Module permissions to "Physical by Location".
• Module permissions to "Physical by Lot".

If we want to delete the physical, we'll right click the row and choose "Delete Physical". We'll be asked to confirm our deletion before proceeding.

Keep in mind that whether we have an inventory taken by lot or location, inventory can no longer be used, allocated, or transferred anywhere else in ERP before their physical dates.