INVENTORY OVERVIEW
Use Costpoint Inventory to issue, reserve, transfer, track, and control
parts in inventory.
Costpoint Inventory is an online, real-time inventory tracking and control
system with which you can manage both project-specific and company-owned
inventory, as well as government-furnished equipment and materials.
You can establish and maintain warehouses and locations to track your
parts, as well as issue, adjust, transfer, and reserve inventory. Various
inquiries and reports show the status and history of inventory. You can
adjust your records to reflect information gleaned from physical counts,
and there is a posting program for updating the general ledger with appropriate
dollar values.
Inventory is linked to company IDs in multiple ways. First, warehouse
IDs are automatically linked to an owning company, while a warehouse can
belong to only one company. Second, projects are linked to a company. Third,
parts can optionally be linked to a company, as a number of applications
in Costpoint Inventory rely on the setting of the Separate
Items by Company checkbox in the Product Definition Corporate Settings
subtask in the Product Definition Settings screen.
Inventory transactions verify the company IDs for warehouses, inventory
projects, and parts. If the IDs are all in accord, the company ID is added
to new inventory transactions.
Most reports and inquiries in Costpoint Inventory filter inventory
information based on your company ID. However, the Part Inventory
Inquiry allows you to view part status information across companies.