Count Types

With PeopleSoft Inventory, you can perform both cycle and physical inventory counts:

Term	Definition
Physical inventory count	A wall-to-wall count of all items in the PeopleSoft Inventory business unit. You must prohibit material movement for the business unit before performing this type of count.
Cycle count	A count of a subset of items within a business unit.

You can create the following types of counting events:

Term	Definition
System-defined	PeopleSoft Inventory chooses the items to count, based on the criteria, and creates a counting event using one of the following methods: Blind: The counting event does not include the expected count quantities. Non-blind: The default system balance is the count quantity field and you only need to override it for discrepancies discovered during the counting process. You can print a counting sheet or download the data to electronic data collection devices to perform the count.
Manual	You indicate that you have completed a count. This is a special type of cycle count in which you enter the count data into an interface table and then the Event Creation process extracts the data from the interface table and creates the counting event.

Note:

Physical inventory counts are always system-defined counts. Cycle counts can be either system-defined or manual counting events.