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EPICOR Inventory Management
EPICOR Inventory Management
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Contents
Contents
Inventory Management Course.............................................................................................7
Before You Begin....................................................................................................................8
Audience.........................................................................................................................................................8
Prerequisites....................................................................................................................................................8
Environment Setup..........................................................................................................................................9
Workshop Constraints............................................................................................................................10
Overview...............................................................................................................................11
Application Setup.................................................................................................................12
Company Configuration................................................................................................................................12
Site Configuration Control.............................................................................................................................12
Site Maintenance...........................................................................................................................................13
Maintenance Programs..................................................................................................................................14
Warehouse Maintenance........................................................................................................................14
Additional Warehouse Programs......................................................................................................14
Warehouse Zone Maintenance.................................................................................................14
Warehouse Team Maintenance................................................................................................15
Warehouse Team Attribute Maintenance..................................................................................15
Warehouse Bin Maintenance..................................................................................................................16
Additional Warehouse Bin Programs................................................................................................16
Warehouse Bin Size Group Maintenance..................................................................................16
Warehouse Bin Attributes Maintenance....................................................................................16
Workshop - Create a Warehouse and Bin........................................................................................17
Bin Setup Wizard....................................................................................................................................18
Workshop - Bin Setup Wizard..........................................................................................................18
UOM Maintenance.................................................................................................................................19
Workshop - Define Unit of Measure Codes (English Measurements).................................................20
Workshop - Define Unit of Measure Codes (Metric Measurements)..................................................21
UOM Class Maintenance........................................................................................................................22
How UOM Classes Determine Allowable UOM Code Selections for Transaction Quantity Entries......23
Workshop - UOM Class Code..........................................................................................................25
Create a UOM Class Code........................................................................................................25
Add UOM Conversions (English Measurements)........................................................................26
Add UOM Conversions (Metric Measurements).........................................................................26
Part Class Maintenance...........................................................................................................................27
Workshop - Create a Part Class.......................................................................................................27
Product Group Maintenance...................................................................................................................28
Part Maintenance...................................................................................................................................29
Part Maintenance Sheets.................................................................................................................30
Workshop - Create Part Records......................................................................................................31
Create a Purchased Part...........................................................................................................31
Contents
Contents
Return Assembly.....................................................................................................................................57
Inventory Transfer..........................................................................................................................................58
Workshop - Transfer Parts.......................................................................................................................58
Cycle and Physical Counting..........................................................................................................................59
Application Setup...................................................................................................................................61
ABC Code Maintenance..................................................................................................................61
Workshop - Review Existing ABC Codes...................................................................................62
Cascading Count Parameters...........................................................................................................62
Calculate ABC Codes.......................................................................................................................63
ABC Code Assignment.............................................................................................................63
Stock Valuation Calculations....................................................................................................63
Workshop - Calculate ABC Codes............................................................................................64
Count Discrepancy Reason Codes....................................................................................................65
Workshop - Modify Discrepancy Reason Codes.........................................................................66
Initialize Last Cycle Count Dates.......................................................................................................66
Cycle and Physical Count Processing.......................................................................................................67
Cycle Counts versus Full Physical Inventory Counts...........................................................................67
Cycle Count Period Definition..........................................................................................................67
Workshop - Define a Cycle Period.............................................................................................68
Cycle Count Schedule Maintenance.................................................................................................68
Perform Part Selection..............................................................................................................69
Workshop - Define a Cycle Schedule and Select Parts for Counting..........................................70
Workshop - Add Parts to Cycle Count Schedule........................................................................70
Generate Tags.................................................................................................................................71
Workshop - Generate Count Tags............................................................................................71
Count Tag Entry..............................................................................................................................72
Workshop - Count Tag Entry....................................................................................................73
Print Reports....................................................................................................................................74
Print Unreturned/Voided Tags Report.......................................................................................74
Count Variance Calculation/Report...........................................................................................74
Workshop - Print Reports.........................................................................................................75
Perform Tag Maintenance...............................................................................................................76
Generate Recount Tags............................................................................................................76
Void Blank Tags........................................................................................................................76
Workshop - Void Blank Tags.....................................................................................................76
Void Tags by Part.....................................................................................................................77
Workshop - Void Count Tag.....................................................................................................77
Count Discrepancy Reason Code Entry............................................................................................78
Workshop - Enter Discrepancy Reason Codes...........................................................................78
Post Counts.....................................................................................................................................79
Count Processing.....................................................................................................................79
Workshop - Post Counts...........................................................................................................80
Inventory Reporting.......................................................................................................................................81
Conclusion.............................................................................................................................83
Contents
Appendix...............................................................................................................................84
Transaction Types..........................................................................................................................................84
Audience
Specific audiences will benefit from this course.
Cost Accountant
Shipping and Receiving
Material Handler
Production Manager
Prerequisites
To complete the workshops in this course, the necessary modules must be licensed and operating in your training
environment. For more information on the modules available, contact your Epicor Customer Account Manager
at EpicorCAM@epicor.com. It is also important you understand the prerequisite knowledge contained in other
valuable courses.
Navigation Course - This course introduces navigational aspects of the Epicor application's user interface.
Designed for a hands-on environment, general navigation principles and techniques available in two user
interface modes - Classic Menu and Modern Shell Menu. Workshops focus on each of these modes and
guide you through each navigational principle introduced.
System Flow Course -This course introduces a basic quote to cash scenario that includes the process from
the initial customer quote to final cash receipts and payment of supplier invoices. This course emphasizes the
series of processes that make up the quote to cash process by using a simple scenario to highlight various
transactions. Your organization may have more complex processing routines than those described in this
course.
Recommended Knowledge Camp Course - This course provides a high level overview of the quote to cash
flow through the Epicor application. You begin with how to create a quote, process it as an order, and fill
the order across production planning and purchasing. The course also covers the manufacturing plan and
shipment of parts to a customer, as well as how to process invoices, enter cash receipts, and generate supplier
payments.
Environment Setup
The environment setup steps and potential workshop constraints must be reviewed in order to successfully
complete the workshops in this course.
Your Epicor training environment, in which the Epicor demonstration database is found, enables you to experience
Epicor functionality in action but does not affect data in your live, production environment.
The following steps must be taken to successfully complete the workshops in this course.
1.
Verify the following or ask your system administrator to verify for you:
Your Epicor training icon (or web address if you are using Epicor Web Access) points to your
Epicor training environment with the Epicor demonstration database installed. Do not complete
the course workshops in your live, production environment.
Note It is recommended that multiple Epicor demonstration databases are installed. Contact
Support or Systems Consulting for billable assistance.
The Epicor demonstration database is at the same service pack and patch as the Epicor
application. Epicor's education team updates the Epicor demonstration database for each service pack
and patch. If your system administrator upgrades your Epicor application to a new service pack or patch,
he or she must also download the corresponding Epicor demonstration database from EPICweb > Support
> Epicor > Downloads and install it. If this is not performed, unexpected results can occur when completing
the course workshops.
Your system administrator restored (refreshed) the Epicor demonstration database prior to
starting this course. The Epicor demonstration database comes standard with parts, customers, sales
orders, and so on, already defined. If the Epicor demonstration database is shared with multiple users
(that is, the database is located on a server and users access the same data, much like your live, production
environment) and is not periodically refreshed, unexpected results can occur. For example, if a course
workshop requires you to ship a sales order that came standard in the Epicor demonstration database,
but a different user already completed this workshop and the Epicor demonstration database was not
restored (refreshed), then you will not be able to ship the sales order. Epicor's education team has written
the course workshops to minimize situations like this from occurring, but Epicor cannot prevent users
from manipulating the data in your installation of the Epicor demonstration database.
2.
Log in to the training environment using the credentials manager/manager. If you are logged into your
training environment as a different user, from the Options menu, select Change User.
3.
From the Main menu, select the company Epicor Education (EPIC06).
4.
Workshop Constraints
Below is a list of workshops in this course that can be performed only once in each instance of a restored (refreshed)
database. Where applicable, a detailed explanation of the workshop constraints is documented in the workshop
itself.
Issuing Inventory Material
Workshop - Issue Job Material
Workshop - Issue Material for a Multi-Level Part
Workshop - Return Items to Stock
Cycle Counting
Due to the logic of performing a cycle count, the cycle counting process cannot be executed more than once in
any given sequence or schedule. Therefore, the cycle counting workshops in this course cannot be completed
by more than one person in a shared database.
Workshop - Define Cycle Schedules and Select Parts
Workshop - Generate Count Tags
Workshop - Count Tag Entry
Workshop - Modify Discrepancy Reason Codes
Workshop - Enter Discrepancy Reason Codes
Workshop - Post Counts
Workshop - Perform Tag Maintenance
Workshop - Print Reports
10
Overview
Overview
The Inventory Management module contains detailed information related to an item, including costs, quantities,
and on-hand requirements.
The primary function of this module is to manage the flow of materials from incoming purchase orders (POs)
through manufacturing and shipping to the customer. You can ship materials from stock or inventory, received
to stock, or receive them directly to a job. Inventory transactions are made in the same manner regardless of the
manufacturing environment, make-to-order (MTO) or make-to-stock (MTS). Ultimately, these transactions result
in revenue and are posted to the general ledger (GL).
Inventory Management Features
Unit of measure (UOM) quantity conversions and tracking
Material, labor, subcontract and burden cost tracking
Inventory transfer
Job material issuance
Cycle and physical counting
Detailed transaction tracking and reporting
Internal, supplier, customer, manufacturer and product code part cross-referencing
Serial control, custom serial formatting, and serial number tracking
Lot control and tracking
Note The cross-referencing, serial number and lot tracking topics are covered in the Inventory
Management - Specialized Processing course, and are not included in the basic Inventory Management
course. Some of these features are covered in other Epicor courses.
Inventory Management Terminology
Assembly
Assembly defines all the manufactured components or parts required to make each part for the customer.
Assemblies are identified separately from the raw materials in Job Entry and Opportunity/Quote Entry. In
the bill of materials (BOM), assemblies are identified as materials that must be pulled as an assembly.
Parent Assembly
This is an assembly that consist of two sub-assemblies.
Sub Assembly
This is a manufactured part needed in a parent assembly.
Material
Material identifies all the raw materials required to make each part produced. Material information includes
the part number, quantity required, and estimated cost. If the part number exists in Part Maintenance, an
allocation is created when you enter a job material requirement.
Finished Good
This is a complete part ready for shipment.
Expense Items
These are ordered items consumed in the manufacturing process and are not considered inventory.
11
Application Setup
Application Setup
This section of the course reviews common company configuration and maintenance program factors that apply
to the general inventory user.
Company Configuration
Company Configuration defines the available options for companies in the Epicor application. Use these options
to customize the application to best fit each company within your organization
When you install the Epicor application, one company record is created by default. You use this program to define
how the company interacts with the various modules you have licensed.
Use the sheets under the Materials tab to define system options for the following Materials modules or functions:
Inventory
Purchase
Shipping / Receiving
Serial Mask Formats
The Modules > Materials > Inventory > General sheet includes user-definable parameters related to bar code
printing, inventory adjustment reasons, UOM rounding, ECO processing, transfer orders and stock provision
reports. Use the Modules > Materials > Inventory > Lot sheet to define lot attribute defaults at the company
level.
Note Lot Tracking is covered in detail in the Inventory Management - Specialized Processing course.
Menu Path
Navigate to this program from the Main Menu:
System Setup > Company/Site Maintenance > Company Configuration
12
Application Setup
The Modules > Inventory Management tab contains the following sheets you use to define the warehouses,
transfer order definitions/resources, serial tracking default values and cycle count parameters for each site:
General - Contains settings for definition of the warehouses the site uses for shipping, receiving, DMR
Processing, and so on. You also indicate which warehouses are shared with other warehouses. You also
identify transfer orders by setting up the definitions for transferring part quantities and the resources involved
in transfer orders. Lastly, you define the serial tracking and cycling counting used for parts manufactured
through each site.
Shared Warehouses - Contains settings for definition of the warehouses the site uses for shipping, receiving,
DMR Processing, and so on. You also indicate which warehouses are shared with other warehouses.
Transfer Definition - Contains settings for definition of how the site handles transfer orders it requests from
other sites.
Transfer Resources - Contains settings for definition of the resources involved in transfer orders.
Serial Tracking - Contains settings for definition of how the site handles serial number tracking.
Note Serial Tracking is covered in detail in the Inventory Management - Specialized Processing
course.
Cycle Count - Contains settings for definition of physical and cycle counting parameters used with this site
configuration. Use the Detail sheet to indicate the Cycle Count Select Method to run for the site, and also
indicate that this site uses the method selected on warehouse records. Use the ABC Codes > Detail sheet
to select and update the ABC codes used for cycle counting for the site.
Menu Path
Navigate to this program from the Main Menu:
System Setup > Company/Site Maintenance > Site Configuration
Important This program is not available in the Epicor Web Access.
Site Maintenance
Use Site Maintenance as needed to add additional sites for the current company. To add more than one site
record through this program, you must license the Multi-Site module. You can then set up as many sites as you
need for each company within your organization.
You enter the primary information for each site in Site Maintenance. Parameters you define include planning
parameters such as Production Preparation Time, Rough Cut Horizon, and the Production Calendar.
You can also define the cost set, which determines the costing method used for the parts manufactured at
the site. Lastly, setup the transfer order parameters the site follows when fulfilling internal sales orders.
Once you do this, you use Site Configuration Control to define operational parameters specific to the site;
these designates how the site interacts with various modules in the Epicor application.
Menu Path
Navigate to this program from the Main Menu:
Financial Management > Multi-Site > Setup > Site Maintenance
Material Management > Inventory Management > Setup > Site Maintenance
Production Management > Job Management > Setup > Site Maintenance
13
Application Setup
Maintenance Programs
This section of the course discusses common maintenance programs that influence the inventory process.
In most cases, not all of the fields within the following master files are discussed in this course. For a full description
of all available fields, refer to the Application Help.
Warehouse Maintenance
Use Warehouse Maintenance to set up warehouses. You can group items in your inventory in each warehouse.
You must set up at least one warehouse before you can enter parts in Part Maintenance.
When you set up a warehouse, it is automatically set up in the site into which you are currently logged. You can
also share the warehouse with other sites. You can do this on the System Setup > Company/Site Maintenance
> Site Configuration Control > Modules > Inventory Management > Shared Warehouses sheet.
A shared warehouse is a warehouse that belongs to one site in particular, but when you share it with one or
more other sites, you can directly issue parts from or receive parts into the warehouse from the sites with which
it has been shared. In order to set up more than one warehouse in this program, you must license the Advanced
Material Management (AMM) module.
Note Even if you do not physically have separate warehouses with multiple bins, you should still set up
logical warehouses and bins that can help you keep track of inventory within the same location.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Setup > Warehouse
Production Management > Quality Assurance > Setup > Warehouse
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Application Setup
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Application Setup
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Application Setup
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Setup > Warehouse Bin Attribute
Data
Warehouse
Description
3. Click Save.
4. From the Actions menu, select Bins.
Warehouse Bin Maintenance displays.
5. Click New.
6. Enter the following information:
Field
Data
Bin
Description
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Application Setup
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Application Setup
UOM Maintenance
Use UOM Maintenance to define UOM (Unit of Measure) codes stored in the UOM master file. These represent
the units of measure in which transaction quantities are expressed in the Epicor application. Examples of UOM
codes include weights and measures such as Cubic Centimeters, Each, Feet, Box and Case.
The Epicor application provides extensive unit of measure support, and also provides you with the ability to
(optionally) track inventory balances for parts in multiple units of measure. This gives the Epicor application the
ability to display transaction quantities per unit of measure. All inventory, job, quotation, sales order and purchase
order transactions created for a given part require entry of a UOM code. For example, when you enter a weight
for transaction, you also enter a UOM code representing the weight measurement (for example, LBS, KG, TONS).
Before processing transactions for an item, you must first assign a UOM Class code (defined in UOM Class
Maintenance) and primary inventory, sales and purchase UOM codes to the part record using the Part
Maintenance > Part > Detail sheet. These represent the base unit of measure in which inventory balances
are normally stored for the item, and the default UOM codes that display when entering quotations, sales
orders and purchase orders for the item.
Example You might inventory and produce an item by single unit (Each), sell it by the Box but purchase
it by the Case. You would define UOM codes for each of three units of measure, associate it with a
UOM Class code (in UOM Class Maintenance) and then assign it to the part record.
When processing transactions for the item, the Epicor application would then use the UOM code presenting
Each as the default unit of measure for inventory quantity balances and production quantities. When selling
or quoting the same item, it would display the UOM code representing a Box as the default unit of measure.
When you purchase the item from a supplier, it would display the UOM code presenting a Case as the default
unit of measure; these default UOM codes can be overridden as needed for specific transactions.
Once a UOM code has been assigned in Part Maintenance, it cannot be changed once inventory balances
exists for the part, or used in any way.
All UOM codes must first be defined in UOM Maintenance before you assign them to UOM Class codes in UOM
Class Maintenance. Once they have been assigned to a UOM Class code, you assign them to specific part records
using the Part Maintenance > Part > Detail sheet. Once a UOM code has been created it cannot be deleted, but
can marked as Inactive to prevent further use in the Epicor application.
Note Electronic Data Interchange (EDI) only supports two character UOM codes. If you plan on using the
EDI Import or EDI Export programs, you should limit the length of the UOM codes you create in this program
to a maximum of two characters. Creation of UOM codes in excess of two characters in length would
require customization of the EDI Import and EDI Export programs to handle processing of the longer UOM
codes.
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Application Setup
Menu Path
Navigate to this program from the Main Menu:
Financial Management > Accounts Payable > Setup > UOM
Financial Management > Accounts Receivable > Setup > UOM
Material Management > Inventory Management > Setup > UOM
Material Management > Purchase Management > Setup > UOM
Production Management > Engineering > Setup > UOM
Sales Management > Order Management > Setup > UOM
For CRM users, the Main Menu appears as:
Customer Relationship Management > Order Management > Setup > UOM
UOM Description
Symbol
XXX-QT
XXX Quart
QT
XXX-GL
XXX Gallon
GL
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Application Setup
UOM Description
Symbol
XXX-LT
XXX Litre
21
Application Setup
The only required element for a UOM Class is assignment of a base UOM code. You assign a base UOM code to
each UOM Class to designate how the Epicor application performs conversion from each of the assigned alternate
units of measure to the base UOM. The purpose of this program is to make UOM code assignment in Part
Maintenance easier in cases where the same UOM conversion factors apply to multiple parts.
UOM Class Maintenance eliminates the need to define the same individual UOM conversions multiple times when
you create parts in Part Maintenance that require the same UOM conversions as other parts.
For example, if you stock and sell multiple parts by weight, you can define a single weight UOM Class that
contains all possible weight UOM codes you wish to use.
You then assign that UOM Class to each part that requires weight UOMs.
If you ever need to add additional UOM conversions, you can add the new UOM conversions to the UOM
Class, making the new conversions immediately available to all parts configured to use that UOM Class.
Menu Path
Navigate to this program from the Main Menu:
Financial Management > Accounts Payable > Setup > UOM Class
Financial Management > Accounts Receivable > Setup > UOM Class
Material Management > Inventory Management > Setup > UOM Class
Material Management > Purchase Management > Setup > UOM Class
Production Management > Engineering > Setup > UOM Class
Sales Management > Order Management > Setup > UOM Class
For CRM users, the Main Menu appears as:
Customer Relationship Management > Order Management > Setup > UOM Class
22
Application Setup
How UOM Classes Determine Allowable UOM Code Selections for Transaction Quantity Entries
A UOM Class consists of a defined set or bundle of alternate UOM codes (for example, Bag, Box, Case, Pallet)
that convert to a single base UOM code (for example, Each). When entering transactional quantities (sales order
lines, quote lines or jobs), the Epicor application determines the allowable Unit of Measure (UOM) codes you can
select that denote the unit of measure. The processing that occurs is dependent on whether you enter a standard
or on-the-fly part number for the transaction.
Standard Parts versus On-the-Fly Parts
What is the difference between standard parts and on-the-fly parts?
Standard parts are those for which you create part records using Part Maintenance.
Part records include a UOM Class, Inventory Unit of Measure (IUM), default Sales Unit of Measure (SUM) and
default Purchase Unit of Measure (PUM) you designate for the item in the UOM Class and Primary UOMs
fields in Part Maintenance > Part > Detail sheet.
For example, if you have defined a UOM Class called Count and assigned it to a part record, you can assign
any of the UOM codes associated with that UOM Class as the IUM, SUM and PUM defaults for the part record.
On the Fly parts are those that do not have a standard part record. As the name suggests, you use On the Fly
parts for items you sell, quote or produce, typically for a single instance, and for which you do not want to create
standard part records.
These might include items for which you wish calculate dimensions (for example, Linear feet) on a case-by-case
basis for specific orders or quotes, or you configure per customer specification using functions in the
Configuration module.
Typically, they are items you manufacture on a one time basis (usually per customer request) and do not
regularly stock.
When you enter an order line into the Sales Order Entry > Lines > Detail sheet:
You enter a standard or on-the-fly part number for the ordered item into the Part field.
Enter the order quantity into the Order Quantity field in the Sales Order Entry > Lines > Detail sheet.
In the drop-down list to the right of the Order Quantity field, you select the UOM code that designates the
unit of measure in which the order quantity is being expressed.
When you enter a quote line into the Opportunity/Quote Entry > Lines > Detail sheet:
You enter a standard or on-the-fly part number for the quoted item into the Part field.
Enter the quote quantity into the Order Quantity field.
In the drop-down list to the right of the Order Quantity field, you select the UOM code that designates the
unit of measure in which the quote quantity is being expressed.
When you enter a job into Job Entry:
You enter a standard or on-the-fly part number for the item being produced into the Part field.
Enter the production quantity into the Production Quantity field.
In the drop-down list to the right of the Production Quantity field, you select the UOM code that designates
the unit of measure in which the production quantity is expressed.
How UOM Classes Determine Allowable UOM Code Selections for Standard Parts
The logic the Epicor application uses to determine the default UOM code, and allowable UOM code selections
for transaction quantities, is the same whether you enter a quote line, order line or job. This default displays in
the unlabeled field to the immediate right of the transaction quantity fields. It is primarily dependent on whether
you have entered a standard or On the Fly part into the Part field.
23
Application Setup
24
Application Setup
If you select a UOM code assigned to a UOM Class with a system-assigned standard type, the Epicor application
uses that particular unit of measure as the unit of measure for all related transactions.
Example You select the UOM code for Feet (which is part of the system-assigned standard type Length
UOM Class) as the unit of measure for a quote or order line. The Epicor application uses that unit of
measure for related inventory, job and purchasing transactions (all are expressed in Feet). No conversions
to a base UOM are performed in this case.
Note When you ship the item, you can specify the shipping quantity in an alternate unit of measure,
as long as it is associated with the same UOM Class. In this example, you can express the shipment
quantity in Yards, if it is a valid unit of measure for the Length UOM class.
25
Application Setup
3. In the Description field, enter XXX Fluid Volume (where XXX are your initials).
4. In the Class Type field, select Other.
When you select Other, it allows for creation of user-defined UOM class codes.
5. Click Save.
26
Application Setup
27
Application Setup
28
Application Setup
Production Management > Material Requirements Planning > Setup > Product Group
Sales Management > Configurator Management > Setup > Product Group
Sales Management > Order Management > Setup > Product Group
Service Management > Field Service > Setup > Product Group
For CRM users, the Main Menu appears as:
Customer Relationship Management > Configurator Management > Setup > Product Group
Customer Relationship Management > Order Management > Setup > Product Group
Part Maintenance
Use Part Maintenance to enter or update part information. Parts are either purchased items you use for raw
materials or subassemblies, or manufactured items you use to fill sales orders.
Each part record contains crucial data you may need for purchase or production needs. A part record contains
general information such as part number, description, and search criteria. Also, a part record defines inventory
information, which includes unit of measure (UOM) options for sales, purchases, inventory, non-stock classifications,
serial number tracking, and weight values. You also define warehouse and bin information for each part, including
Minimum, Maximum, and Safety Stock quantities. If this part is included in a sales kit, define these parameters
as well.
When you set up a part, all sites within the company can access the part and use it on jobs. You can also select
parts as materials on quote, job, or part methods of manufacturing. If you use the Engineering module, purchased
or manufactured parts on a bill of material must have a record set up in Part Maintenance.
Tip Most modules do not require parts to exist in Part Maintenance, but it is recommended that you enter
parts in this program, as each record requires little data and can save you data entry time later.
Note When you are setting up part records and realize you've made a mistake assigning a UOM Class or
primary inventory UOM code (in the Primary UOMs - Inventory field), you can make manual updates in
Part Maintenance up until the time you enter a transaction for a part. For example, you inadvertently
assigned a primary Inventory UOM code of BX (Box), but intended to assign a UOM code of EA (Each), or
entered an incorrect UOM Class and associated UOM codes.
However, once you have enter a transaction, you can no longer manually change these fields; you must
instead use Part UOM Class Conversion Maintenance, located on the System Maintenance > Utilities
menu. Part UOM Class Conversion Maintenance is intended for use on parts that have had little to no
transactional usage in Epicor ERP. Refer to the Inventory Management - Specialized Processing section
of the course for more details.
Menu Path
Navigate to this program from the Main Menu:
> Gift Card - Item
Material Management > Inventory Management > Setup > Part
Material Management > Purchase Contracts Management > Setup > Part
Material Management > Purchase Management > Setup > Part
Material Management > Supplier Relationship Management > Setup > Part
Production Management > Engineering > Setup > Part
Production Management > Job Management > Setup > Part
Production Management > Material Requirements Planning > Setup > Part
Production Management > Quality Assurance > Setup > Part
29
Application Setup
30
Application Setup
31
Application Setup
32
Application Setup
When you select this check box, it indicates that the Epicor application supports full inventory functionality
for the part. Inventory transactions to and from stock change the inventory balance of the part. Clear the
check box if the Epicor application should not maintain on-hand inventory balance information for the part.
You can use a non-quantity bearing part in a BOM, and also purchase, sell, or transfer it. The related
transactions, however, will never update on-hand quantity for the part.
You would typically clear the check box if you were setting up a miscellaneous part that is expensed
upon receipt and so it is not practical to keep accurate inventory levels. Since the part is expensed at
receipt, it does not need to be issued to a job or generate demand.
14. Click Save.
15. Remain in Part Maintenance.
33
Application Setup
MRP uses this value to generate additional inventory demands when the On-Hand Quantity is less than the
Safety Stock value. It will generate a job suggestion, purchase suggestion, or unfirm job to satisfy this
inventory demand.
14. Select the Re-Order to Max check box.
This indicates that the Epicor application should bring the inventory level for the part up to the Max On-Hand
quantity, or re-order it if the inventory falls below the Safety Stock quantity plus the Min On-Hand quantity.
15. In the Lead Time field in the Purchasing section, enter 5.
This defines the number of days that pass between the day the purchased parts are ordered from a supplier
and the day the parts arrive at the site. This value is used by MRP to calculate the Order By Date on a purchase
order suggestion. The Epicor application does this by pulling the Need By Date from a demand record, like
a job material, and then subtracting this Lead Time value from it.
16. In the Supplier field in the Purchasing section, search for and select Gecco Steel.
Use this field to enter the supplier you wish to use on most PO suggestions. You can select the default
supplier and purchase point used on generated PO suggestions on purchased part records. Each part-site
detail record can have two default suppliers -- one supplier for normal purchases and other supplier for
urgent planning.
17. Click Save.
18. Remain in Part Maintenance.
34
Application Setup
Data
Part
XXX-Case
Description
Type
Purchased
UOM Class
Counted
Inventory UOM
EA
Sales UOM
EA
Purchasing UOM
BX
7.50
Class
Shop Supplies
Select
The Track Multiple UOMs check box specifies if inventory balances for this part should be stored in a single
base unit of measure (for example, Each), or if the Epicor application should store and track inventory
balances for the part in multiple units of measure (for example, Each, Feet, Inches). The default value for
this check box is cleared.
Note Take special care when determining how this check box should be answered. Your response
has a profound impact on how the Epicor application stores inventory for this part! You can select
the check box for any part at any time. Once you select the check box, you can clear it only if no
inventory balances exist on the part. This check box is not available for use for parts flagged as serial
tracked.
3. Click Save.
4. From the New menu, select New Warehouse.
5. Navigate to the Part > Sites > Warehouses > Detail sheet.
6. In the Warehouse field, select XXX Warehouse (where XXX are your initials).
7. Click Save.
8. In the Part Maintenance tree view, select the XXX Warehouse warehouse you just added.
9. Navigate to the Part > Sites > Warehouses > Primary Bin sheet.
35
Application Setup
10. In the Bin field, search for and select bin XXX-Bin (where XXX are your initials).
11. Click Save.
12. Navigate to the Part > Sites > Detail sheet.
13. In the Primary Warehouse field, search for and select XXX Warehouse.
14. In the Min On-Hand field, enter 5.
15. In the Max On-Hand field, enter 20.
16. In the Safety Stock field, enter 2.
17. Select the Re-Order to Max check box.
18. In the Lead Time field in the Purchasing section, enter 5.
19. In the Supplier field in the Purchasing section, search for and select Gecco Steel.
20. Click Save.
21. Exit Part Maintenance.
Part Tracker
Use the Part Tracker to access current information on parts in the database. This includes information such as
revisions, on-hand quantities, costs, locations, inspection, and planning data.
You can use the Part Search feature to pull multiple part records into the Part Tracker. The tracker displays only
one part at a time. You cannot add or edit records in this tracker.
Numerous sheets are available in the Part Tracker. Many of them are read-only versions of sheets that display in
Part Maintenance. The Part Tracker also pulls in Quality Assurance information for the part.
Menu Path
Navigate to this program from the Main Menu:
Executive Analysis > Trackers > Part Tracker
Material Management > Inventory Management > General Operations > Part Tracker
Material Management > Purchase Contracts Management > General Operations > Part Tracker
Material Management > Purchase Management > General Operations > Part Tracker
Material Management > Shipping / Receiving > General Operations > Part Tracker
Material Management > Supplier Relationship Management > General Operations > Part Tracker
Production Management > Engineering > General Operations > Part Tracker
Production Management > Job Management > General Operations > Part Tracker
Production Management > Material Requirements Planning > General Operations > Part Tracker
Production Management > Quality Assurance > General Operations > Part Tracker
Production Management > Scheduling > General Operations > Part Tracker
Sales Management > Configurator Management > General Operations > Part Tracker
Sales Management > Customer Relationship Management > General Operations > Part Tracker
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Application Setup
Sales Management > Order Management > General Operations > Part Tracker
Sales Management > Quote Management > General Operations > Part Tracker
Service Management > Field Service > General Operations > Part Tracker
For CRM users, the Main Menu appears as:
Customer Relationship Management > Configurator Management > General Operations > Part Tracker
Customer Relationship Management > Sales and Marketing Management > General Operations > Part Tracker
Customer Relationship Management > Order Management > General Operations > Part Tracker
Customer Relationship Management > Quote Management > General Operations > Part Tracker
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Quantity Adjustments
Use Quantity Adjustments to adjust on-hand inventory quantities in part master record. You would use this
program on an exception basis to manually adjust inventory quantities to account for certain inventory discrepancies
or to establish initial inventory balances.
Quantity adjustments can be performed only for parts for which the Quantity Bearing check box has been
selected in Part Maintenance. . Adjustment transactions are generated to provide a full audit trail of all quantity
changes made in this program. Select Transaction Log from the Actions menu to review adjustment transactions.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Quantity Adjustment
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UOM Split/Merge
Use Split Merge UOM to split an inventory quantity expressed in a specific unit of measure (UOM) into one or
more alternate units. You can also use this program to merge inventory quantities expressed in several alternate
UOMs into a single UOM quantity. It can only be used for parts for which the Track Multiple UOMs check box
is selected in Part Maintenance.
For example, for a Split UOM transaction, 100 units on a pallet be broken into one bag (two base units), one
box (four base units), or nine cases (10 base units each or 90 total).
Conversely, if your inventory is stored in bags and boxes, you can use the Merge option to merge them into
a single pallet of 100 base units.
When you save the transaction, the Epicor application uses the conversion factors defined in UOM Class
Maintenance to determine if the quantities selected for merging or splitting add up to the resulting UOM merge
or split quantity. Entering split or merge transactions has the net effect of zero on the total physical on-hand
inventory quantity for the part. The program updates two or more on-hand tracking part records and creates
STK-ADJ PartTran records to reflect the changes.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > UOM Split/Merge
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Note that a quantity of zero displays in the Remaining Qty field. You have successfully split four boxes into
quantities of Cases, Dozen packs and individual units. You cannot save split or merge transactions unless a
quantity of zero displays.
9. Remain in Split/Merge UOM.
10. Right click the Part field, then select Open With > Part Tracker.
The Part Transaction History Tracker displays.
11. Click Retrieve to retrieve and display transaction history for the part.
In the Transaction History grid, verify the STK-ADJ type transactions that were generated for the UOM
split transactions you entered.
12. Exit the Part Tracker and UOM Split/Merge.
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Receipt Processing
Use Receipt Entry to enter the receipt of all inventory and non-inventory materials, and subcontract parts.
Receipt line items are either purchase order receipts (recorded against a purchase order) or miscellaneous
receipts (material received that is not associated with a purchase order).
Receipt information updates the purchase order, if any, and creates transactions to update inventory or job
quantities and costs. Receipt entries also generate accounts payable invoice entries.
You use RMA Processing in place of Receipt Entry to receive parts returned by the customer.
Note This section of the Inventory Management course briefly covers receipt processing and its impact
on inventory processing. Shipment and receipt processing is covered in greater detail in the Shipping and
Receiving course.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Shipping / Receiving > General Operations > Receipt Entry
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Shipment Processing
The shipping process allows you to take existing inventory or manufactured products and distribute them to
customers or other facilities within your organization. This process is structured to be a seamless method that
enables your product to reach customers and other facilities.
You use the following programs to ship inventory to your customers:
Customer Shipment Entry
Master Pack Shipment Entry
Miscellaneous Shipment Entry
Use Customer Shipment Entry to process customer shipments and update sales orders. You can either relieve
inventory or ship directly from a job. To do this, you create pack records. A pack record can contain one or more
detail lines that define the shipping quantities sent out with each pack record.
If a part ships from a sales order using Customer Shipment Entry, it is standard costed. The Epicor application
creates an STK-CUS type transaction and relieves inventory quantities in the designated ship location.
If shipped from the work-in-process (WIP) transaction (MFG-CUS), the Epicor application captures the standard
unit cost for the part rather than actual costs from the job. If there are variances between the standard cost
of the part and the actual costs of the job, a MFG-VAR transaction is also created for the remaining WIP
balances.
Note This section of the Inventory Management course briefly covers shipment processing and its impact
on inventory processing. Shipment and receipt processing is covered in greater detail in the Shipping and
Receiving course.
Menu Path
Navigate to this program from the Main Menu:
> Customer Shipment Entry-Load Planning
Material Management > Shipping / Receiving > General Operations > Customer Shipment Entry
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Material Management > Shipping / Receiving > Reports > Sales Order Pick List
Sales Management > Order Management > Reports > Sales Order Pick List
For CRM users, the Main Menu appears as:
Customer Relationship Management > Order Management > Reports > Sales Order Pick List
Create a Pack ID
Navigate to Customer Shipment Entry.
Menu Path: Material Management > Shipping / Receiving > General Operations > Customer Shipment Entry
1. From the New menu, select New Pack.
2. Click Save.
The Pack ID number displays.
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4. After you complete your review, exit the Material Transaction Detail Report.
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Issue Material
Use Issue Material to issue material from inventory to a job. This program issues material to a job one part at
a time. To issue all required parts to a job at the same time, use Mass Issues to Manufacturing.
When you issue material to a job, several events occur:
The IssuedQty and TotalCost values on the job material or assembly record update with the quantity issued
and the extended cost. Extended Cost is calculated as the issue quantity multiplied by the current inventory
Average, Standard, or Last unit cost (depending on the inventory costing method).
The On Hand quantity and the Allocated quantity for the part in the part master file are reduced by the
quantity issued.
A transaction history record is created for the part. The transaction type is STK-MTL (job material issue).
Important To use the Manufacturing Execution System (MES) to issue job material, the Advanced Material
Management (AMM) license must be installed in the Epicor application. Once you install this license, you
can define shop employees as Material Handlers in Shop Employee Maintenance; these users can then
issue or move material on the manufacturing center.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Issue Material
Service Management > Maintenance Management > General Operations > Issue Material
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50
Issue Assembly
Use Issue Assembly to issue an assembly from inventory to a job.
Assemblies can be issued when the job assembly has specified a pull quantity from stock. Because the demand
is for a sub-assembly part, it is different than a typical material requirement. Some of the quantity will be
manufactured through a job, while the rest of the quantity will be pulled from stock. This stock quantity may be
the result of overproduction on another job.
When you issue an assembly to a job, these events occur:
The IssuedQty and TotalCost values on the job assembly record are updated with the quantity issued and
extended cost. Extended Cost is calculated as the issue quantity times the current inventory Average, Standard
or Last unit cost (depending on the inventory costing method).
The Onhand quantity and Allocated quantity for the part in the part master file are reduced by the quantity
issued.
Also, a transaction history record is created for the part. The inventory transaction type is STK-ASM (job
assembly issue). For more information on inventory transaction types, refer to the Inventory Transaction Types
List within the Inventory Transactions Technical Reference Guide.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Issue Assembly
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4. Click OK.
5. Right click the Part field, then select Open With > Part Transaction History Tracker.
The Part Transaction History Tracker displays.
6. Click Retrieve to retrieve and display transaction history for the part.
In the Transaction History grid, verify that a MFG-STK type transaction for a quantity of 1500 displays.
7. Exit the Part Transaction History Tracker.
8. Exit Job Receipt to Inventory.
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Job Tracker
Use the Job Tracker to review current information about a selected record. The Job Tracker displays only version
of the primary entry program.
Menu Path
Navigate to this program from the Main Menu:
Executive Analysis > Trackers > Job Tracker
Material Management > Inventory Management > General Operations > Job Tracker
Material Management > Purchase Contracts Management > General Operations > Job Tracker
Material Management > Purchase Management > General Operations > Job Tracker
Material Management > Shipping / Receiving > General Operations > Job Tracker
Material Management > Supplier Relationship Management > General Operations > Job Tracker
Production Management > Job Management > General Operations > Job Tracker
Production Management > Material Requirements Planning > General Operations > Job Tracker
Production Management > Quality Assurance > General Operations > Job Tracker
Production Management > Scheduling > General Operations > Job Tracker
Sales Management > Customer Relationship Management > General Operations > Job Tracker
Sales Management > Order Management > General Operations > Job Tracker
Sales Management > Quote Management > General Operations > Job Tracker
Service Management > Field Service > General Operations > Job Tracker
For CRM users, the Main Menu appears as:
Customer Relationship Management > Sales and Marketing Management > General Operations > Job Tracker
Customer Relationship Management > Order Management > General Operations > Job Tracker
Customer Relationship Management > Quote Management > General Operations > Job Tracker
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Inventory Returns
Material or assemblies issued from inventory may need to be returned to stock for several reasons. The return
transaction adjusts on-hand quantities as well as inventory values based.
Note Returns are not the same as quantity adjustments. A return is the reverse transaction for something
that was issued out of inventory. A quantity adjustment is made to correct an inventory count.
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Return Material
Use Return Material to return material from a job to inventory.
When you return material from a job, several events occur:
The IssuedQty and TotalCost values on the job material or assembly record are updated with the quantity
returned and extended cost.
Extended Cost is calculated as the returned quantity times the current inventory Average, Standard or Last
unit cost (depending on the inventory costing method).
The Onhand quantity and Allocated quantity for the part in the part master file are increased by the quantity
returned.
A part transaction record is created for the part. The transaction type is MTL-STK (job material return). For
more information on transaction types, refer to the Inventory Transaction Types List within the Inventory
Transactions Technical Reference Guide.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Return Material
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Return Assembly
Use Return Assembly to return an assembly from a job to inventory.
When you return an assembly from a job, several events occur:
The IssuedQty and TotalCost values on the job assembly record are updated with the quantity returned and
extended cost.
Extended Cost is calculated as the return quantity times the current inventory Average, Standard or Last unit
cost (depending on the inventory costing method).
The Onhand quantity and Allocated quantity for the part in the part master file are increased by the quantity
returned.
A part transaction record is created for the part. The transaction type is ASM-STK (Job Assembly Return). For
more information on inventory transaction types, refer to the Inventory Transaction Types List within the
Inventory Transactions Technical Reference Guide.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Return Assembly
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Inventory Transfer
Use Inventory Transfer to enter inventory transfer transactions within the same site. These transactions track
the movement of inventory parts from one bin and to another.
Important If you need to transfer inventory between sites, you must use Transfer Order Entry.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Inventory Transfer
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Application Setup
Before using the Cycle Count and Physical Count functions, you must define control parameters and perform
certain tasks.
Note This course only focuses on defining cycle count parameters on the ABC Code Maintenance level.
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Count Frequency
80
30
95
90
100
365
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Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > General Operations > Calculate ABC Codes
Parts Missing ABC Code Report
Use Parts Missing ABC Code Report to view parts in warehouses associated with specified sites that are missing
an ABC code. If using cycle count functions in the Epicor application, all parts in a warehouse must contain an
ABC code.
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Management > Cycle Count > Abc Codes > Detail sheet. If one has, the program retrieves the associated
stock valuation percentage.
If the ABC code has not been defined at the warehouse or site levels, the program retrieves the stock valuation
percentage defined for the ABC code in ABC Code Maintenance.
If the Site stock valuation % option is selected, it uses the following hierarchy:
To retrieve the correct stock valuation percentage for each ABC code, the program first determines if the ABC
code has been defined (for the site being processed) in the Site Configuration Control > Modules >
Inventory Management > Cycle Count > ABC Codes > Detail sheet. If one has, the program retrieves
the associated stock valuation percentage.
If the ABC code has not been defined at the site level, the program retrieves the stock valuation percentage
defined for the ABC code in ABC Code Maintenance.
Once the program has retrieved the correct stock valuation percentage, it calculates the total value for the part,
either by warehouse or by site, depending on if you have selected the Warehouse stock valuation % or Site
stock valuation % options. It does this by multiplying the part cost by the total quantity of each part in the
warehouse or site, based on the following criteria entered at runtime. It then ranks parts in the selected warehouse
or site by percentage of usage and dollar value:
Periods Of Historical Usage (Beginning and ending dates)
Current on hand inventory quantity balances
Projected future usage factors
Example
If 80.0 was specified as the stock valuation factor for ABC Code A, the Epicor application assigns Code A
to inventory items that represent 80% of the value of the total inventory in the warehouse or site. If 95.0
was specified as the stock valuation factor for ABC Code B, it assigns Code B to inventory items that
represent the next 15% of the value of the total inventory in the warehouse or site.
Note Calculate ABC Code does not assign an ABC code to a part record that is lower than the setting of
the Min ABC field defined in the appropriate setup program (see default hierarchy above).
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happens even if different cycle schedules include the same date on which a part is due for counting; the
part would be selected for only one of the cycle schedules.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Setup > Cycle Count Period Definition
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Note Even though you can define cycle count periods in Cycle Count Period Definition with overlapping
dates, a part can only be assigned to one open cycle at a time in Cycle Count Schedule Maintenance. This
happens even if different cycle schedules include the same date on which a part is due for counting; the
part would be selected for only one of the cycle schedules.
Menu Path
Navigate to this program from the Main Menu:
> Cycle Count Schedule Maintenance
Material Management > Inventory Management > General Operations > Cycle Count Schedule Maintenance
Repetitive - This method selects items for cycle counting based on the cycle count intervals defined in the
Count Interval field (in order of precedence) at the part/warehouse, warehouse or site configuration levels.
It divides the selected items equally among the number of count cycles in the month.
2.
Random - This method randomly selects parts for cycle counting and uses an algorithm to randomly select
the items being counted, and divides this number among the specified cycle count cycle sequences defined
for the month/year.
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Generate Tags
Count Cycle Maintenance > Actions > Generate Tags
Use Generate Cycle Count Tags to generate count or blank tag records for a specific cycle in a specified warehouse.
It generates tag numbers for all parts that were previously assigned to the cycle sequence using the Perform Part
Selection option in the Cycle Count Schedule Maintenance Actions menu, or assigned to a physical count using
Initialize Physical Inventory. You must generate tags before you can start the count sequence using the Start
Count Sequence selection.
The Epicor application locks the cycle record and prevents any further maintenance of the specified cycle
sequence in Cycle Count Schedule Maintenance or Part Selection Update while generating tag records.
It uses the parts selected for the count cycle and generates one tag number for each part/bin/UOM/lot
combination associated with the parts/warehouse.
If the part is serial tracked, it generates one tag for each of the serial numbers for the part that have not been
voided or scrapped in the current warehouse, and with a serial status of Inventory. It assigns an identifying
tag number of n.1 (where n is a sequentially assigned counter number) to each cycle count tag.
It also sets the status of the cycle sequence to Tags Generated.
If the Blank Tags Only check box has been selected, it generates blank tag records for number of tags
specified in the Number of Blank Tags field. Blank tags can be used to handwrite count quantities in the
event the count tags have been lost.
Note Count tags are not generated for items with zero on-hand inventory balances and for which a
primary bin has not been designated in the Part Maintenance > Sites > Warehouses > Bins sheet. If
you wish to generate tags for items with zero on-hand inventory balances, a primary bin must be designated
for the part.
Once count or blank tags are generated, you can use the Print Tags selection on the Count Cycle Maintenance
Actions menu to print the tags being used in your actual cycle or physical inventory counts.
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Menu Path
Navigate to this program from the Main Menu:
> Count Tag Entry
Material Management > Inventory Management > General Operations > Count Tag Entry
Counted Qty
Counted By
DRPLT48125
10
XXX
DRPLT48250
50
XXX
DRPLT59125
95
XXX
DRPLT59250
94
XXX
7. Click Save.
8. Exit Count Tag Entry.
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Print Reports
Use the Actions menu in Count Cycle Maintenance to generate the reports after physical count information
has been entered.
You can generate the following reports:
Print Count Parts Not Posted Report
Print Unreturned/Voided Tags Report
Count Variance Calculation/Report
Menu Path
Navigate to this program from the Main Menu:
> Cycle Count Maintenance
Material Management > Inventory Management > General Operations > Count Cycle Maintenance
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Post Counts
Count Cycle Maintenance > Post Counts
Use the Post Counts option from the Action menu in Cycle Count Maintenance to post cycle count quantity
adjustments to inventory, and flag parts as completed for a cycle sequence. The Epicor application uses the date
entered into the Transaction Date field to determine the accounting period to use for any inventory adjustment
transaction postings.
With the Post Counts selection you can post inventory quantity adjustments once count quantities have been
entered into Count Tag Entry or Count Entry. Parts ready for posting must meet the following conditions:
Count quantities have been entered for the part into Count Tag Entry or Count Entry (Handheld).
It has been processed by the Count Variance Calculation/Report selection.
The final count for part is within tolerance, or a count discrepancy reason code has been entered for the part
into Count Discrepancy Reason Code Entry.
It does not post count quantities if the following conditions exist:
Unreturned tags exist for the part.
The part has been flagged as out of tolerance without entry of a corresponding count discrepancy reason
code into Count Discrepancy Reason Code Entry.
A warning message displays if Post Counts does not select any parts for posting for the specified cycle sequence.
It states that the Count Variance/Calculation Report must be run, after count quantities have been entered
for a part, before it can select any count quantities for that part for posting.
Count Processing
Count Cycle Maintenance > Post Counts > Count Processing
For parts that are ready for posting, the Post Counts selection performs the following tasks:
It determines the exact adjustment quantity and adjustment value.
It creates PartTran records if it posts count quantity adjustments to the inventory on-hand quantity for the
associated warehouse and updates serial number files as necessary.
It updates the Last Cycle Count date for each part in the selected cycle sequence.
It flags the associated part count detail and tag records with a posting status of Posted.
If at least one part is posted, it updates the cycle posting flag to reflect that posting is in process for the cycle
sequence.
When it posts the inventory count quantity adjustment, it updates the part transaction record with the
corresponding discrepancy reason code. If an adjustment for General Ledger (GL) was defined for the count
discrepancy reason code in Reason Code Maintenance, it uses that rather than the default company inventory
adjustment control GL account.
If all posting of all parts for the selected cycle sequence has been completed, it sets the cycle status to Complete,
and voids any unused blank tags.
It determines the accounting period to use for the register transactions based on the transaction date entered
in the Transaction Date field.
After posting is complete, it displays a message stating how many parts were posted and that processing for
the specified cycle sequence is now complete.
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Inventory Reporting
Time Phased Mtl. Requirements
Use the Time Phased Material Requirements Report to link data in the Purchase Management, Job
Management, Order Management, and Inventory Management modules. This report analyzes planned receipts
and requirements for each part to project future inventory balances.
You may find this to be a useful tool in comparing supply against demand. Time-phase can be run for manufactured
or purchased parts. An exception listing can be used to filter the information displayed to parts where supply
and demand are not equal.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Reports > Time Phased Mtl. Requirements
Production Management > Material Requirements Planning > Reports > Time Phased Mtl. Requirements
Inventory Usage
Use the Inventory Usage Report to track inventory turns and monthly usage of stock.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Reports > Inventory Usage
Material Transaction Detail
Use the Material Transaction Detail Report to produce an inventory transaction list created through receipt,
issue, shipping, and adjustment processing. Each inventory transaction is assigned a transaction type you can use
when you filter the report. Refer to the Field topic in the Application Help for a complete transaction type list.
This report includes corresponding legal numbers for part transactions. The legal number is a tracking number
that some countries require.
Note This report includes corresponding legal numbers for part transactions. The legal number is a tracking
number required by some countries.
Use the Selection sheet to select the report parameters. Use the Filter sheet(s) to select the specific records to
include on the report. For more information, refer to the Application Help topic: Filters Overview.
Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Reports > Material Transaction Detail
Stock Status
Use Stock Status Report to create a report that contains a list of the current quantities and extended costs of
all parts in Part Maintenance.
This report is one of the most important inventory reports. It can be run by warehouse or part class to list all parts
by quantity, unit cost, and extended amounts.
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Menu Path
Navigate to this program from the Main Menu:
Material Management > Inventory Management > Reports > Stock Status
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Conclusion
Conclusion
Congratulations! You have completed the Inventory Management course.
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Appendix
Appendix
This section consists of documents used during this course, as well as when using the system. Documents included
are:
Transaction types
Transaction Types
Each time an action occurs that affects inventory, the system makes a transaction to the PartTran file using the
following transaction types. The Material Transaction Details report found in the Inventory Management module
uses these and can be filtered by them.
Adjustments
ADJ-MTL - Adjustment to job cost material
ADJ-SUB - Adjustment to job cost subcontract
ADJ-PUR - Adjustment to purchase cost variance
ADJ-CST - Adjustment to stock cost
ADJ-QTY - Adjustment to stock quantity
Discrepant Material Reporting
DMR-MTL - DMR to job material
DMR-REJ - DMR to reject
DMR-SUB - DMR to subcontract
STK-DMR - Stock to DMR
SUB-DMR - Subcontract to DMR
DMR-STK - DMR to stock
Inspection Processing
ASM-INS - Assembly to inspection
INS-ASM - Inspection to assembly
INS-DMR - Inspection to DMR
INS-MTL - Inspection to job material
INS-STK - Inspection to stock
INS-REJ - Inspection to reject
INS-SUB - Inspection to subcontract
STK-INS - Stock to inspection
SUB-INS - Subcontract to inspection
Manufacturing
MFG-WIP - Manufacturing receipt to job
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Appendix
85
Index
Index
I
issue assembly 51
issue material 49
issue miscellaneous material 42
return assembly 57
return material 56
return miscellaneous material 57
M
mass issues to manufacturing 50
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