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Stock Count and Lot Numbers

Posted on by 3,482

Hi:

Is it true that running the Stock Count can cause duplicate lot numbers?

If so, what is the best way to fix this?

Thanks!

John

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  • Joseph Markovich Profile Picture
    Joseph Markovich 3,900 on at
    RE: Stock Count and Lot Numbers

    Hi John-

    If you run inventory reconcile, do any of these stock count variances show up on the report?

    If they are increase variances, are there lots on these transactions?

    On the items contained in these variance transactions, do they currently have any on hand quantities?

    Before starting the stock count, I always take a backup and run reconcile on sales, purchasing and inventory first. I know in the year-end guides Microsoft recommends to run the inventory reconcile before starting the stock count.

    If inventory reconcile finds errors and attempts to fix them, you'll need to verify they are in fact OK. Otherwise, I believe you are basically going to be jumping off a cliff with making transaction after transaction to try and fix this.

    Is there any more information -- like screen shots -- you can provide?

    Joe

  • john.ellis Profile Picture
    john.ellis 3,482 on at
    RE: Stock Count and Lot Numbers

    Hi:

    In looking into this further, they seem to be the result of stock count variances posted in the past by others outside of the department.  Should these variances be deleted on the backend, or is there a better way of handling this?

    John

  • Raynors Profile Picture
    Raynors 5 on at
    RE: Stock Count and Lot Numbers

    A physical inventory count is the practice of counting your retail products in person. The process typically involves a retail staff member (or team of workers) going through the retailer’ sales floor and stock room and counting each item.

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  • Suggested answer
    Lisa at AonC.com Profile Picture
    Lisa at AonC.com 3,141 on at
    RE: Stock Count and Lot Numbers

    I have not experienced stock counts duplicating lot numbers but I have definitely seen issues with layers being created when there are insufficient quantities to handle inventory.  If you have HITB activated - which I highly recommend - check the data for overrides.  You can also check for $0 layers in the inquiry windows.  Unexpected Cost Variance Journals (which can't be re-printed) during posting are also a sign that there is an issue to be addressed ASAP.

  • Suggested answer
    Josh Page Profile Picture
    Josh Page on at
    RE: Stock Count and Lot Numbers

    Hello John,

    I haven't seen stock count outright duplicating lots, however it can create lot values if a count requires increasing quantity. With that then if there's discrepancies between inflow(IV10200)\ outflow(IV10201)\ and lot master (IV00300) due to data damage it could be possible that the lot amount created by a count could be incorrect worsening the situation.

    If thats the case though, you would need to review the tables to determine what damage is there to fix it. (Most likely in a support case).

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