Managing Physical Inventory

In an effort to start an ADempiere implementation in the company, your warehouse manager might think of:

• How to perform stock counting. This is important to know what is the latest outstanding balance status of our material. With this information, we can perform stock reconciliation between system and actual stock.

• Whether there is any difference between system and actual stock levels, and how to book this variance in the system.

• A way to migrate our existing raw material records into ADempiere.

These are just a couple of issues that might occur during the implementation of a new system such as ADempiere in your company.

Fortunately, ADempiere can help us to resolve these issues by using its Physical Inventory feature. We will go through the process of how to resolve these issues in detail in the following sections.

Stock counting and reconciliation

At the end of a month (or at the end of an accounting period), a company may have a procedure to check their stock of goods...