Inventory Definitions
General
Warehouse - Where the inventory is being held. You can have multiple warehouses / location.
Project Actions
Reserve - Reserve an item(s) on a project. It can be reserved on many projects.
Allocate - The reserved item(s) is allocated to an order
Issue - The item(s) has been issue to the project from inventory / warehouse
Manage Inventory
Available - Amount of inventory that has not been reserved or Allocated
Reserved to Quotes - Qty of items reserved to quotes
Allocated to Orders - Qty of items reserved to orders
Qty on Order - Qty of items that have been ordered (PO's Printed)
Pending Order Qty - Qty of items that have been ordered (PO's Created but not printed)
Recommended - The recommended amount to order based on the Available and Maximum
Qty to order - The default value is the Recommended Qty but you can manually change the qty if you would like to order less or more.
Minimum - Min you want to keep on hand
Maximum - Max you want to keep on hand
Adjust Inventory
Bin Location - A location the inventory is in a warehouse. Could be a shelf, rack or bin on a shelf.
Stolen - Adjustment of inventory that has been stolen
Lost - Adjust of inventory that cannot be found
Inventory Items
Purchase UOM (Unit of Measure) - Purchase Unit of Measure (i.e. EA, Case, Yard, etc.)
UOM Price - Sell price
Is Serialized - If the part has a unique serial number. It will not let you inventory more than one.
Vendor Bills
Freight Costs - The cost of any freight that is in addition to the product costs. The price will average by one of the following
Weight
Price
Average