CenterPoint® Accounting for Agriculture - Physical Inventory Process Video - Duration: 5 min 35 sec

Conducting a Physical Inventory Document

 

This video discusses how to perform a physical inventory count to reconcile what is physically on-hand to the on-hand quantity your database displays. The physical count process allows you to freeze inventory in order to take physical inventory counts, calculate variances and update inventory based on differences in system quantities and actual counted quantities (physical inventory).