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OfficeMate Home Office User's Guide - OfficeMate Software Solutions

OfficeMate Home Office User's Guide - OfficeMate Software Solutions

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Setting Up Inventory<br />

Chapter 10 Maintaining Inventory Information<br />

<br />

<br />

<br />

Select the Maintain perpetual check box if it not already selected.<br />

Select the product type’s unit of measure from the Sales Unit of Measure<br />

drop-down menu.<br />

Select the inventory cycle from the Physical inventory cycle drop-down<br />

menu.<br />

<br />

<br />

<br />

<br />

Type the default stocking level in the Default Stock Level text box. The<br />

default stocking level is 1. The default stocking level should not be less than the<br />

Default Reorder Point.<br />

Note<br />

• When you add a product to your inventory with the product<br />

type that you selected in step 2, the stock level will be set to the<br />

Default Stock Level.<br />

• Reorders are not processed until inventory drops below the<br />

reorder point. For example, if the Default Reorder Point is 1, the<br />

Default Stock Level is 3, and there is currently 1 on hand,<br />

nothing gets ordered. When the 1 on hand is sold, the quantity<br />

on hand falls below the Default Order Point, and 3 will be order<br />

to get back up to the Default Stock Level.<br />

Type the minimum quantity of the product that you want to have in stock in the<br />

Default Reorder Point (Minimum On Hand) text box. The default<br />

minimum quantity is 1.<br />

Click Print to print the product type information, if desired.<br />

Click OK to close the Product Setup window.<br />

404 <strong><strong>Office</strong>Mate</strong> <strong>Home</strong> <strong>Office</strong> User’s <strong>Guide</strong>

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