Understanding Item Information

You can accurately plan for future stocking needs by reviewing information that the system provides about both the item and the quantity. For example, you can:

• Access information about the stock items.

• Access summary and detailed information about on-hand, committed, and available items.

• Access and monitor supply-and-demand information to help you plan for future stocking needs.

• Access item information about previous sales, current inventory quantities, and future receipts.

• Review balance forward records for a specific fiscal year.

• Reconcile inventory balances with the general ledger (GL) and access detailed item transaction information.

• Compare the inventory balances after one period with the same period end for the GL.