Inventory

Good inventory management is one of the keys to creating a profitable book publishing business. ACUMEN provides you with an extensive, fully integrated inventory system that enables you to effectively manage your inventory.

Inventory Features:

• Inventory can be stocked at an unlimited number of warehouses.
• Inventory is maintained for both good and damaged products.
• Current status for on-hand, committed, available, back ordered, and damaged products at each warehouse is available on-line or in printed report.
• A detailed audit trail is maintained for all inventory transactions.
• Historical inventory valuations are maintained for each warehouse and in total.
• Inventory Transfer Requests can be generated on demand, making the transfer of goods between warehouses easy.
• Inventory movement between warehouses is efficiently tracked and can be easily monitored.
• Labels can be printed for inventory transfers.
• The Purchase/Transfer Advice report facilitates inventory control.
• Minimum inventory levels can be set for each title at each warehouse, and a user can be automatically alerted when stock goes below minimum.
• Summary movement of products by warehouse for each month is maintained and can be viewed on-line or in printed reports.
• Integrated Physical Inventory function simplifies and improves inventory control.
• Products can be designated as assemblies, which means that they are made up of other products.
• Assemblies can be auto-assembled within ACUMEN during posting.
• Product can be tracked by Product Type, Product Category, and Product Series.
• Product Sales History can be viewed on screen in table and graph formats.
• Inventory Value reports can be optionally subtotaled by Product Type, Product Category and Product Series, in detail or summary.

• Committed Inventory Detail: This report shows you what product has been ordered on invoices that have not yet posted.
• Cost of Goods Sold: This is a breakdown by product of sales and costs for any user-defined period.
• Inv Activity Good Detail*: This is a breakdown by product of sales and costs for any user-defined period.
• Inv Activity Value*: A report of inventory quantity and value based on any user-selected records in the Inv Activity file, for any time period.
• Inv Trans Cost of Sales*: A detailed report of cost of goods based on selected invoice and credit line items (in the Inv Transaction file).
• Inventory Status: This report contains running inventory information for every product at every warehouse, sorted by product.
• Inventory Value: A valuation of inventory for any user-defined date at any warehouse or all warehouses.
• Inventory Verification: A report that compares the inventory subsidiary ledger with the general ledger, and accounts for inventory received for jobs that are still open, and inventory received from vendors that have not been paid for or whose corresponding invoice has not been recorded as a voucher.
• On Order: This report shows the current inventory status by product, including Standing Orders.
• Physical Inventory: A report that prints one or more user-selected physical inventories.
• Product Assembly Report: This report prints component information for assembly products.
• Product Sales History: A product sales report in table and graph format.
• Product Statistics Report*: A summary listing of sales statistics for user-selected products.
• Purchase/Transfer Advice: A report containing products whose inventory levels have fallen below minimum at one or more warehouses, and a list of inventory of those products at all warehouses.
• Standing Order Detail: This report lists all open Manual Standing Orders by ISBN and customer.
• Standing Order Projection: This report shows you a twelve-month projection of sales for all Manual Standing Orders.
• Stock Location: A report listing products and their location at each warehouse.
• Warehouse*: A report listing warehouse information.

• Inventory Transfer: A document that can be sent to a warehouse listing product to be transferred to another warehouse.