Frequently Asked Questions – Inventory

Inventory

Is there a limit to the amount of items that can be placed in my inventory?

Using the standard ManageMore database format, one can create approximately 2,000,000 inventory items for all locations.

Can ManageMore's Inventory keep track of multiple vendors for the same item?

Absolutely.  Each inventory item can be associated with up to three different vendors and their associated EOQ, best cost, last cost, minimum order, etc.

I need to change the quantity on hand for a certain item, but ManageMore seems to have this field disabled in inventory. How can I adjust my Inventory count?

For accounting and auditing reasons, ManageMore does not allow you to change quantity on hand after you have already starting selling the item.  One can easily raise or lower item quantities by performing an inventory adjustment transaction.  This adjustment document is kept in history for auditing purposes and is the proper way of dealing with inventory loss.  You can also peform a physical inventory count, that allows you to enter the count on hand, to calculate the adjustment.

Does ManageMore support serialized inventory capabilities?

Yes.  ManageMore uses correct practices for receiving, selling, transferring and adjusting inventory items that are tracked by their serial number.  This feature requires the Inventory Serial Number Manager add-on module.

Can ManageMore automatically import new inventory items from vendor sources?

Yes. ManageMore has an import feature that can be used to easily create new inventory items from your distributors, manufacturers, dealers, etc.

Can I easily tell how an inventory item has been selling over a period of time, so that I can better forecast future orders?

Of course.  All items keep a running M-T-D, Q-T-D, and Y-T-D statistics for as far back as that item existed in your inventory.  Simply edit an item from inventory, and all the statistics will be there for you to make sound judgment on future orders.  In addition, ManageMore makes it easy to re-order products, by including a Purchase Order Wizard, that calculates your average daily sales, and tells you exactly how much you need to order.