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Inventory Tracking & Job Costing System

This Help File Page was last Modified on 02/20/2017

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Inventory Tracking & Job Costing System

This Help File Page was last Modified on 02/20/2017

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Inventory Tracking & Job Costing System

This Help File Page was last Modified on 02/20/2017

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Whether your Company is large or small, the benefits of using an Inventory Tracking and Job Costing System will usually far outweigh the effort required to operate that system.  

Why? - Can you answer all, or even most of these questions now?

1.Where is your Company's money going for Inventory Purchases?

2.Form whom (and why) are you buying that Inventory.

3.Did your Company actually make a Profit on that Inventory Purchases?

4.Is your Company experiencing excessive (unknown) Inventory "Shrink"?

5.Exactly how many of those old control panels (obsolete PIR's, etc.) do you still have in the warehouse?

6.How much Inventory is on your Company's trucks - and what is it?

7.What is the current Value of your Company's Inventory?

 

How many of these types of Inventory related questions go unanswered each day, every month, always?

Except for Recurring Revenue related issues, aren't most of these unanswered questions related to Jobs, Labor, Inventory usage, and Installation Costs?

 

Note: The recommended Inventory Valuation Methodology is the Last In/First Out (LIFO) method when using the General Ledger System in conjunction with the Inventory Tracking System.

 

What's Next?

1.The Inventory Tracking and Job Costing System is designed to provide the answers to these complex (and often overlooked) questions, so:

a.Take a look at the Inventory Tracking and Job Costing Overview chapter to get a better understanding of its capabilities.

b.Perform the Set Up Procedures

c.Read about the Inventory Tracking Reports that are available.

d.Review the variety of Job Costing Reports

 

2.Then, you will be better able to decide How and When the capabilities of this Inventory Tracking and Job Costing System should be incorporated into your Company's business model.