Agvance Accounting > Inventory

Timely, Accurate Inventory Control

Tracking inventory is critical to managing your business effectively. Inventory levels and status reports must be current and should reflect any product movement long before an invoice is generated. Agvance provides the tools to maintain tighter control of your inventory.

• Delivery ticket function eliminates hand tickets and provides real-time tracking of outbound inventory prior to the invoicing step
• Tickets can be edited, combined or split-out automatically so they can be imported into invoices under the correct billing arrangement
• Lot number management tracks individual lots and allows for validation during both the purchase and sale of those items
• Purchase receipts record inbound inventory while capturing estimated costs and/or future charges for more accurate cost and margin control
• Purchase order management allows for vendor prepay tracking
• Physical Inventory Management tool freezes inventory levels while spot counts take place and still allows transactions to continue
• Multiple inventory costs are maintained, including average cost, last cost, replacement cost and estimated average cost
• Inter-Company Transfer feature simplifies the movement of product between branch locations
• Company Wide PO feature enables product to be received at multiple locations against the same purchase order
• Powerful reports provide a detailed analysis of inventory activity along with summarized views of inventory by status and disposition
  
• Executive Dashboard gives managers real-time display of current inventory levels and 'available for sale' for each branch location
• Supplier e-Link enables electronic shipping notices to be imported into purchase receipts with information contained within a bill of lading
• Scan and track inventory in the warehouse on handheld PCs with the Mobile Inventory module
• Import scale tickets and related information into delivery tickets with Agvance Scale Interface option
• Inventory Position Analysis report displays the open position (in both quantity and dollars) while separating bookings and purchase orders into seasons. It also provides visibility on orders expected to be delivered this season versus what might be sold the following season.
• Seed Order Management tool enables users to create and reconcile seed orders with supplier availability. When combined with Supplier eLink, it can check product availability and directly manage your dealer order.
• Advanced Manufacturing feature enables several raw ingredients to make several different finishing goods