It's year end and holiday season. When it is time for everyone to relax, the warehouse team and finance team may have difficult time to get prepared for their Annual Physical Inventory and year end books closure. Oracle Physical Inventory is a very stable process if you follow certain guidelines. Today, I want to share with you few guidelines that will help you in doing the year end physical counting smoothly.
1.
Important: It is recommended to
clear the Pending Transactions and Transactions Open Interface, before taking a
snapshot of inventory quantity.
Please do inform us before taking a snapshot.
2.
Enter the starting tag number. Tag
numbers may be alphanumeric, but you can increment only the numeric portion.
Important:
When entering a starting tag number, make sure that it contains the total
number of possible digits that a tag can have. For example, if your tag numbers
can have up to five digits and you want the starting number to be 1, you would
enter 00001.