Inventory Book-to-Physical Report

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The 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.

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