CenterPoint® Accounting - Setup Lotted and Serialized Definitions - Duration: 5 min 38 sec

Setup Items Document


This video discusses how to track more than the inventory quantity and location of an inventory item as a serialized or lotted item. An example of a serialized inventory definition is for a high dollar small quantity items such as boats, cars, appliances, bicycles for recall or warranty purposes. An example of a lotted inventory definition is when the inventory is mandated by government for the keeping of records and lot numbers for example for food, chemicals, or inventory held in stock for specific customers.