Inventory Book-to-Physical Report
No commentsThe Book-to-Physical report reconciles the on-hand (perpetual) quantities with your inventory’s physical count. This report should be printed after entering or updating inventory item physical counts. This will help you determine which items show a difference between the on-hand quantity and the physical quantity.
It is important to keep in mind that this report is not intended as a full and complete inventory item listing. There are two instances when items will not appear on the Book-to-Physical report:
- If an item’s physical count is the same as its on-hand (perpetual) count then the item will not appear on the Book-to-Physical report.
- If an item’s on-hand (perpetual) count is negative then the item will not appear on the Book-to-Physical report.
However, if an item’s physical count is negative and not the same as the on-hand (perpetual) count then the item will appear on the Book-to-Physical report and display these count discrepancies.