Stock Ledger Features and Functions
The stock ledger is a record of all transactions affecting inventory (including shrinkage) and the associated costs of inventory (including markdowns), for the purpose of booking merchandise value.
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- Adjustments can be positive
- Adjustments can be negative
- Includes consignment items
- Maintains cost at business unit level
- Maintains cost at store level
- Determines cost using retail method
- Determines cost using cost method
- Determines cost using cost and retail method
- Stock ledger adjustment before closing the period
- Adjustments by unit
- Adjustments by amount
- Considers shrink percentage
- Creates opening retail inventory
- Automatically calculates opening inventory when a fiscal period has been closed
- Interfaces with a third party financial system
- Calculates stock ledger by department
- Calculates stock ledger department and class combination
- Stock ledger calculated by department, class, and subclass combination
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Stock Ledger Features and Functions
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