I am a non-accountant GP newbie going live with a new install of GP 2010 tomorrow (APril 1, how appropriate) and I have discovered that our understanding of exactly what we should consider to be inventory is severely wanting.
Part of our problem is 30+ years of misapplication of GAP and no GAP throughout the business, and so many of us are tunnel-vision focused on maintaining a poor implementation.
We are a small manufacturer of medical devices and sell them to whomever: end users, distributors, etc. We don't buy someone else's products and put them on a shelf. To confuse the issue, we have two classes of products: a custom-made version and an off-the-shelf version. The custom-made versions (61 actual items) are carried in GP as services item types since they are manufactured on the fly per order and are unique as shipped. The off-the-shelf versions (~200 items) are made as needed and put on a shelf for demand to catch up with them. We have these as Sales Inventory in GP. In our minds these are very different situations, but I am thinking they are really not.
We also have the many items (~500) of raw materials that go into the items we make. These are listed in GP as Sales Inventory also.
Thursday and Friday we did our annual inventory and tonight I worked on integrating the quantities and costs into GP by means of an Inventory Transaction integration. I cannot get it to work. Lots of problems with UOM's. I successfully integrated a small number but can see that none of the quantities and costs show up in Item Maintenance. I'm wondering if we've got this all wrong, and that we really don't have any Sales Inventory items. Reactions.
Would very much appreciate hearing reactions.
