Defining Cycle Count Classes

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You can enter ABC classes to include in your cycle count. You can also enter approval and hit/miss tolerances for your cycle count classes.
To define cycle count classes
Navigate to the Cycle Count Summary folder window.
1. Select a cycle count and choose Open.
2. In the Cycle Counts window choose Classes. The Cycle Count Classes window appears.
3. Enter the name of the ABC class to use to define your cycle count classes.
4. Enter the number of times per year you want to count each item in this class.
The counts per year for a class ensures that all items in that class are scheduled at least that many items in a year.That is, if the counts per year for a class is 10 and the class has 100 items, then each of the 100 items in the class are scheduled at least 10 times.
5. Optionally, enter positive and negative tolerances. If you do not  enter tolerances, Inventory uses the values you  entered in the Cycle Counts window.

  • Quantity %: Enter the percentage variances of count quantity to on–hand quantity beyond which adjustments are held for approval.
  • Adjustment Value: Enter the adjustment values beyond which adjustments are held for approval.
  • Hit/Miss %: Enter the percentage variances of count quantity to on–hand quantity beyond which Inventory considers a count entry a miss for hit/miss reporting. Note that the hit/miss percentage is based on the first count of an item, not recounts.

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