Creating and Submitting a Closeout Inventory Count

The following procedure shows you how to create and submit a closeout inventory count.

To create and submit a closeout inventory count

1. Physically count all samples currently on-hand.

2. Navigate to the Samples screen, then the Inventory Count view.

   The Inventory Count list lists records for every product in your inventory.

   Note: Records in the Inventory Count view can be deleted only if the value of the On Hand Quantity field is zero. Do not delete records from this view unless you are certain that you will not need to enter adjustments to any transactions containing the product in the future or in a past unreconciled period.

3. In the Inventory Count list, enter a value in the Count field for all records.

   The Difference field in some records can show a value other than zero.

Proceed in one of the following ways:

• If the Difference field in any record shows a value other than zero, click Interim and follow the procedures:Identifying Discrepancies in Inventory Counts.

• If the Difference field in all records is equal to zero, click Submit and follow the procedure Reconciling an Inventory Period.