Inventory Overview

Use Vision Inventory to manage and track items designated as inventory items.

Inventory-related processes include:

  • Inventory Issues

  • Quantity Adjustments

  • Location Moves

  • Cost Adjustments

Numbering Format

Inventory transactions of all types share one numbering system.

For a new inventory transaction, Vision uses the number displayed in the Next Number/Inventory Transaction field on the Inventory tab of Configuration > Purchasing & Inventory > Company Settings.

Related Topics:

  • Inventory Process Flow
    The process flow for Inventory is different if you do or do not have sufficient inventory on hand.
  • Inventory Item
    Whether an item is an inventory item determines how Vision displays it and what procedures are used with it.
  • Inventory Location
    Vision Inventory includes a Locations feature, which lets you track inventory stored at different locations in your firm.
  • Average Actual Cost of an Inventory Item
    Vision tracks an inventory item's average actual cost by calculating it each time an inventory item's quantity on hand or cost amount changes because of an inventory transaction posting.
  • Inventory Common Project
    An inventory item cannot be purchased directly for a project. It is necessary to charge its cost to the inventory common project. After the inventory item is issued via an inventory issue transaction, Vision reclassifies the charge and moves it from the inventory common project to the charge project.
  • Approval Process for Inventory Item Requests
    Inventory item requests are required to go through an approval process.
Parent Topic: Purchasing and Inventory Overview