Verifying Counted Quantity
After entering physical quantities for cycle count, you can review the variance to check the errors that occurred when reporting consumption.
Access the Work With Outbound Inventory Cycle Count Detail (P42I20) application.
Form Name |
Form ID |
Navigation |
---|---|---|
Work With Outbound Inventory Cycle Count Entry |
W42I20B |
Outbound Inventory Periodic Processing (G42I30) menu, Outbound Inventory Cycle Count. On the Outbound Inventory Cycle Count Review form, select a cycle count number, and click Cycle Count Detail on the Row menu. |
On the Work With Outbound Inventory Cycle Count Detail form, complete or review the following fields:
- Item Number
Review the item number for the item being counted.
- Count Date
Verify the date when the item was counted.
- Primary Quantity On Hand
Verify the total quantity on hand for an item at the beginning of the cycle count.
This quantity is represented in the primary unit of measure.
- Primary Quantity Counted
Review the total quantity counted for the item at all locations.
This quantity is represented in the primary unit of measure.
- Quantity Variance
Verify the difference of Primary Quantity On Hand and Primary Quantity Counted.
- % Quantity Variance
The system displays the percentage variance from the Primary Quantity On Hand.
% Quantity Variance = (Quantity Variance/Primary Quantity On Hand) X 100
- Secondary Quantity On Hand
Verify the total quantity on hand for an item at the beginning of the cycle count.
This quantity is represented in the secondary unit of measure.
- Secondary Quantity Counted
Review the total quantity counted for the item at all locations.
This quantity is represented in the secondary unit of measure.
- Secondary Quantity Variance
Verify the difference of Secondary Quantity On Hand and Secondary Quantity Counted.
- % Quantity Variance
The system displays the percentage variance from the Secondary Quantity On Hand.
% Secondary Quantity Variance = (Secondary Quantity Variance/Secondary Quantity On Hand) X 100
- Amount On Hand
Review the total amount for the on hand quantity at the time of cycle count.
- Amount Counted
Review the total amount for the on hand quantity at the time of cycle count.
- Amount Variance
Review the difference of Amount On Hand and Amount Counted.
- % Amount Variance
The system displays the percentage variance from the Amount On Hand.
% Amount Variance = (Amount Variance/Amount On Hand) X 100