IN Physical Count Worksheet

The IN Physical Count Worksheet initializes system on-hand counts, supports a printable count sheet, and updates inventory from entered physical counts.

Before you start

• Post prior inventory transactions so system counts are current.
• Plan which locations/materials are in the count.

Steps

1. Open IN Physical Count Worksheet.
2. Initialize system counts into the worksheet.
3. Optionally print a physical worksheet for floor counting.
4. Enter (or update) physical count quantities in the worksheet.
5. Update inventory from the worksheet so on-hand quantities match the count.
6. Use the results as part of monthly reconciliation when you close the month.

Notes

• Complete and post other inventory activity before initializing counts for a period-end count.