Agenda Define cycle counts for the purpose of this discussion Identify some tools available in NAV to manage cycle counts Cover basic setup of those tools Demonstrate how those tools operate Take questions and

Cycle Counts defined : A cycle count is not the same as a physical inventory, but the terms may be sometimes incorrectly be used interchangeably. This can cause confusion for NAV users because of the terminology used in the system. When discussing cycle counts, we are referring to process of verifying the on-hands of specific item the or group of items on a schedule.During a physical inventory all items are counted on one

Cycle Counts defined Why would some items need to be counted more frequently ? – High value – High volume – High shrink – Internal use – Consigned inventory – Offsite

Cycle Count Tools in NAV Physical Inventory Counting Periods Item Card settings – Warehouse tab – Master Templates Physical Inventory

Physical Inventory Counting Periods Managed in a simple table Assigns frequency of counts per year at the specific item level Can be added to a Master Template for use

Physic al Inventor y CountingPeriod

Item Card Settings and Fields 4 fields on the warehouse tab of the item card – Physical Inventory Counting Period Code Only setup – Last Physical Inventory Date – Last Counting Period Update – Next Counting

ItemItemCardCardSetting

Master Template Usage for Item Creation The Physical Inventory Counting Period Code and Next Counting Period Date can be added all Item Setup Master Templates toto New items will be added to the cycle count mix as they are created, and can bemanaged into

Maste r TemplateUsageUsage

Physical Inventory Journals Pull groups of items into a batch journal where they can be adjusted and posted – Multiple batches possible 2 ways to pull in items – Based on the physical inventory counting periods discussed earlier – Based on filters using any field on the item card Print count sheets for employees – With or without calculated quantity

Physic al Inventor y Journal

Live Demonstration Physical Inventory Counting Period Table Item Card settings – Warehouse tab – Master Templates Physical Inventory Journals – Both methods of pulling in items – Count sheet sample – Entering counts to adjust inventory – Item Ledger Entry

Additional Tools Functionality flows down to the SKU level as well Calculate Counting Period – Manually update the next count date on a specific item Financial Management/Inventory/Reports – Physical Inventory List – Physical Inventory