Inventory Counts
Go to Inventory > Operations > Inventory Adjustments.
Creating an Inventory Count
- Click Create.
- Location - Select the area to count.
- Inventory Date - When the count happens.
- Click Start Inventory - This locks the stock and pre-fills current quantities.
- Product lines appear with their current quantity.
- Enter the actual counted quantity in the Counted Quantity column.
- Leave Scrapped Quantity if some units are damaged.
- Click Apply All to post the adjustment.
Cyclic Counts
For ongoing cycle counting, enable in Settings → "Cycle Counting". Create a count per product or location on a regular schedule. Quickenerp groups all cycle counts for review & validation.
ABC Analysis
Categorize products by value:
- A - High-value, count more frequently (e.g. monthly).
- B - Mid-value, count quarterly.
- C - Low-value, count annually.
Set ABC category on the product form to automate cycle count frequency.
Inventory Adjustment Reporting
After applying an adjustment, the difference is recorded:
- Positive variance - Stock increases, value is added.
- Negative variance - Stock decreases, value is removed (inventory loss).
Go to Inventory > Reporting > Inventory Analysis to see adjustment history.
