Serial Master File (26)

One record is created and maintained in this file for each of the serialized inventory items which are processed by the system.  The information which is maintained for each item includes the serial number, the item number, the company or individual that the item was sold to, the current owner of the item (not necessarily the same as the sold to, the warranty period for the item, the last invoice, shop order and or purchase order associated with the item, the price at which the item was sold, the vendor from which the item was purchased, etc.  As each serialized inventory item is received, transferred, and or sold, the Serial Master record for each item is updated with the current status and location of the item.


Serial History File (27)