The Physical Inventory Count Reports provide information on various activities that take place during a physical inventory count process. Each of the Physical Inventory Count Reports is especially designed to provide several options so you can narrow down data to the specific information needed. Read the information below to get a closer look at each of the Physical Inventory Count Reports available in AccountMate.

The Physical Count Worksheet is a listing of inventory items that have been frozen in preparation for a physical count. The report shows the inventory item, its bin location, and a space for manually recording the item’s quantity per count. This report is useful in facilitating the physical count and serves as a basis for updating inventory items’ quantities and serial numbers after performing the count.

You can select to print the worksheet with double spaces and to show the item specifications, if any.

The Physical Count Variance Report provides information on the differences in the inventory quantities before and after the physical count. The report shows the frozen inventory items and their adjusted quantities. This report is useful for verifying the reasonableness of any physical inventory count variances.

You can generate this report only for items with physical inventory count variances, only for bins with physical inventory count variances, or for all items. You can also opt to show on the report the item specifications, if any.

The Physical Count Serial # Report provides information on the serial numbers of inventory items to be included in the physical count. This report is useful for reconciling the serialized inventory item quantity variances before and after the physical count.

You can also show on the report the item specifications, if any.

The Physical Count Log provides summarized information on the physical inventory count results. It lists the inventory items included in the physical count, the date when the inventory balances are updated based upon the physical count results, among other information. This report is useful for reviewing the physical count results and for determining when the inventory quantity balances are last updated.