Exploring Physical Inventory - Cycle Counting (4LU)

Objective

After completing this lesson, you will be able to prepare and execute cycle counting

Introduction

Cycle counting is a special physical inventory procedure where specific materials are physically counted at regular intervals within a fiscal year. The cycle counting procedure is a full physical inventory: all stock management units are counted at least once a year.

The cycle counting starts with the classification of materials.

Assignment of Cycle Counting Indicators

View the interactive demo to learn how to assigning cycle counting indicators to materials.

Creation of Physical Inventory Documents

View the interactive demo to learn how to schedule a job to create physical inventory documents for cycle counting.

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