Before you can generate tags for a physical inventory, you must take a snapshot of all system on–hand quantities for your items. The snapshot saves all current item on–hand quantities and costs. Oracle Inventory uses this information as the basis for all physical inventory adjustments. All tag counts you enter for this physical inventory are compared with these static quantities. This allows you to resume normal inventory operations after you have entered your counts but before you have authorized all final physical inventory adjustments. You can perform your recounts or investigate certain results without holding up transaction processing.

Notes :
1. Oracle Inventory does not stop inventory processing during a physical inventory. Therefore, you must procedurally coordinate the snapshot of your physical inventory with your actual counting, and ensure that no transaction activity occurs in a particular location until after you have performed your adjustments.

2. It is recommended to clear the Pending Transactions and Transactions Open Interface, before taking a snapshot of inventory.

To freeze the system on–hand quantities

1. Navigate to the Physical Inventories Summary folder window.
2. Select the physical inventory you want to use.
3. Choose Perform snapshot from the Tools menu. This launches the snapshot concurrent process.
Note: You can also choose Snapshot from the Define Physical Inventory window.
4. When the concurrent process is finished, re–query the physical inventory to see the effects of the snapshot. The effects include:

• The Snapshot Complete box is checked on the Physical Inventories Summary folder window.
• The Snapshot Complete box is checked, the Snapshot Date is updated, and the Tags button is enabled in the Define Physical Inventory window.