Create Begin Period

CREATE BEGIN PERIOD

“Begin Period” locks your inventory On Hand and costs as of a given date. Begin Period helps your system work better and faster. It gives you a regular On Hand benchmark for tracking inventory discrepancies. It prevents backdating and editing previous period invoices and adjustments. It allows you to re-run inventory evaluation reports with the cost of goods at the time of “Begin Period”. Barnet recommends that you create a Begin Period once per month. This can be scheduled automatically on the first of every month, or you can add a Begin Period on your own schedule manually. It is important to note that you cannot add inventory counts on the same date as a Begin Period.

From the top home screen, go to: Inventory>Begin Period

Confirm the date you want, and press “Begin new period”

You will see the date in the ‘Date Start’ column to know it worked and to the right you will see all On Hand SKUs cost and value. This is available to look at whenever you want.