The Inventory Master file contains a record for each inventory item in each of your warehouse locations in which the item. Each Inventory record contains warehouse specific information about the item such as the current quantity on hand, reserved, and on order quantities for the item and the reorder point for the item in the selected inventory location. Each Inventory record also contains non-location specific information about the item such as the item number, description, product line, Stock flag and the Serialized inventory flags.
The Inventory record also contains information which is used by the serialized inventory programs. The Inventory Master file contains two fields, Serialized, and Serial Receipt, which indicate to the system how the item is to be treated by the serialized inventory system. The Serialized field indicates whether or not the item is serialized. A "Y" entered in this field, signifies that the item is serialized and that the system should track the serial numbers associated with the item. An "N" entered in the Serialized field indicates that the item does not have serial numbers assigned to it and that the serialized programs should not be called up by the system when transactions for the item are processed. The Serial Receipt field defines whether the serial numbers for the item are recorded when the item is received into inventory or only when the item is invoiced to a customer. A blank or a "Y" in the Serial Receipt field indicates that the item is to be serialized when received, while an "N" in the field indicates that the serial numbers for the items should only be recorded as the items are invoiced.