Inventory Control Module

The Inventory Control module allows Sage MIP Fund Accounting users to manage perpetual inventory in a true fund accounting environment. This fully integrated module allows users to comply with GAAP while streamlining operations and reporting related to inventories whether they are products held for resale or supplies purchased for later consumption.

Maintain optimal inventory levels

• Flexible choices to fit your organization’s inventory needs—Choose from multiple valuation methods available for each inventory item.
• Track and manage inventory levels—automated receiving, returns, manual adjustments, and other timesaving features. Print receiving tickets on demand or for a specified period to support Accounts Payable invoices.
• Flexible methods to accomplish your organization’s business process of receiving—Maintain separation of duties with separate receiving entry controls or provide receiving security at invoice entry to for smaller organizations.
• Easily check "Up to the minute" item availability at Purchase Order entry with Item Availability tool or utilize powerful inquiry tools for detail item activity detail with drill down capability to source transactions.
• Maintain absolute inventory control—New comprehensive inventory reports give you detailed visibility into your inventory positions and activities. Easily produce reorder reports, physical inventory count reports and more.