Businesses run into the dilemma of doing a yearly wall-to-wall inventory and have asked “What is the best method for doing this within Dynamics 365 Implementation?”
There isn’t a “One Size Fits All” answer.
The most common method of conducting an annual inventory count is to use the Cycle Count Journal to enter and post your physical inventory. BUT… if you are using counting groups and last counted dates, this method can cause a dilemma.
Method 1: Use the Cycle Count Journal
You can directly create a cycle count journal for ALL items within your warehouse. The same principles would apply to cycle count history in that the system will mark the date, from the line, as the last counted date. If you are using counting groups and last counted date to generate your cycle count data, it may not be conducive to use a cycle count journal posting since it will affect the last counted date.
You can use the cycle count journal, up to the point of reconciliation and then export the lines that need to be adjusted, into another journal, such as movement, and make the adjustments there. By using the value found in the “Quantity” column of the journal, this would serve as the amount that needs to be adjusted (+ / -).
- Create the tag journal lines in advance, with the tag numbers, and flag the tags as “missing.” In this way you can control which tags have not been accounted for when they are returned.
- Create journals by either warehouse or zone or rack, depending on your set up and change the description on each so you know which tags and journal are for which areas.
- Consider using Microsoft Excel® if you want to scan your information and upload the tags into a tag journal.
Once the lines are transferred to the Counting Journal and posted, the items will be marked in the Cycle Count History as being counted. The next time it will be eligible for counting will depend on the set up on the counting group.
Method 3: Use the Movement Journal
Written By: Genie Engles