Having worked with Adagio for 3 months now and no formal training with the SW, I have begun to notice that I am seeing multiple inventory counts in one of five quantity on hand buckets. I have also noticed there are 5 receipt buckets as well and wondering if this question also applies.

Now that I have inventory in all of these buckets, how do I consolidate all of them into one? Are these quantities removed or consolidated through a period end process or ...?

Regards,

Peter

Hi Peter,

In Adagio Inventory, there are 5 different ways of keeing track of costs for items. If an item uses either the FIFO (first in, first out) or LIFO (last in, first out) costing method, this means that costs are separately maintained for each receipt of goods, rather than lumping them together. This guarantees that the cost of goods for shipments is properly connected to the oldest (FIFO) or newest (LIFO) receipt.

If you have an item that shows 2 or more rows of costs when inquiring about the Costs, then these items have been defined using one of these methods above. You have received stock for an item before the quantity was depleted to zero, thus there are remnants of the older receipt and also the new receipt.

There is no process for consolidating these costings unless you want to change the way costing is handled, and that is not a decision to be taken lightly. Essentially these costing records will be affected when the items are shipped (sold), and when most of the stock is shipped, you will see fewer costing records here.