Enter or select the warehouse/location for this item. You can also press Tab or Enter to select a warehouse.

2.8 Feature

This field is only enabled if Micronet has been set to use the warehouse average cost rather than the item average cost - that is, the Use Warehouse Average Cost field on the Purchasing Configuration screen is set to Yes (refer to "Edit - Program - Purchasing").

When adding a new warehouse, this field defaults to the item average cost. For existing warehouses, Micronet displays the warehouse average cost. Like the item average cost, this value is recalculated automatically during transaction processing.

You can enter the warehouse average cost manually in this field if required. When you return to the Item Update screen - Purchasing tab, Micronet recalculates and displays the item average cost.

If you are not using warehouse average costs and the item average is changed, all warehouse averages are reset to the new item average.

2.8  Feature

The preferred supplier for this item is set on the Item Update screen - Item tab (refer to "File - Inventory - Item"). However, if you want to set a different preferred supplier for this item for this warehouse, enter the ID of the preferred supplier. You can also press spacebar then Enter to select a preferred supplier.

Enter the minimum stock of this item you would like to keep on hand at this location or warehouse. This information is used by the Understock, Automatic Purchasing program and Safety Stock reports.

Enter the maximum stock you want to keep on hand at this location or warehouse. This information is used in the Overstock and Auto Purchasing sections of Micronet to ensure that both branch and overall inventory are maintained at optimum levels.

2.8 Feature

Enter the number of months over which Micronet should average the item sales to calculate (weight) the average sales figures. This information is used in the Over/Understock reports and Automatic Purchasing programs.

Enter the number of weeks that you want Micronet to use to calculate stock purchases in the Understock and Automatic Purchasing programs. Entering a 4 (for four weeks) would make Micronet first calculate the current stock on hand situation, check the average sales, determine the amount of stock that is required to meet the current demand PLUS the amount of stock necessary for the next four weeks (as entered).

The order class is a means by which items can be grouped for consideration for overall purchasing in a multiple warehouse company setup.

For more details on setting up order classes, refer to "Inventory - Stock Control - Order Class Update".

See also "Setting up Stocktakes Based on Order Class".

2.8 Feature

If your company is already using order classes for another purpose, you can count stock based on stocktake classes instead. For more information, see "Setting up Stocktakes Based on Stock Class".

If you want to dissect stock/sales by location, enter the name of the GL interface record for this location.

For more information on setting up GL interface records for the General Ledger, refer to "Setting up Micronet Integration".

This field shows whether this item is carried at this particular location. The options you can select are:

• Not Setup – this function is not applicable for this location
• Not Stocked – the item is not stocked at this location
• Stocked – the item is stocked at this location
• Dead (2.8 feature) – the item is no longer stocked at this location. Items marked as dead stock in this field are included in the Overstock, Understock and Dead Stock reports (refer to "Inventory Reports - Understock/Overstock Report" for more information).

You set the Stocked flag if you want stocktakes to only show items dependent on location.

2.8 Feature

When stock of the item is low, this field also determines whether Micronet creates an automatic purchase order to the supplier, or a transfer if the item is stocked at a central warehouse.

Select Yes if the item is made at this location, or No if it is made elsewhere.

2.8 Feature

Replenished items are items that are purchased centrally, e.g. by a head office. Select Yes if the item is replenished, or No if it is non-replenished.

Depending on a user's security, they may be able to create purchase orders for replenished items only, non-replenished items only, both or neither (for more information, refer to "Maintenance - Edit UserIDs - 4. MDS Security").