How do I set up Inventory Preferences?

These preferences affect how inventory is valued and whether you want reasons for adjustments.

To Edit Inventory Preferences:

  1. Select "Settings" (upper left corner)
  2. Choose "Preferences"
  3. Select "Inventory"
  4. Enter details as below.
  5. Click "Save"
Field Details
Value Inventory Using

Select one of the following options:

  • FIFO (First-In-First-Out) – Values the inventory counted based on the price paid.
  • Last Cost (Current Cost) – Values inventory at the current price for the default case cost in the Items window.
  • Weighted Average – Takes all purchases for the period, calculates the total purchased, divided by the total cost.
Ask to Summarize on Close

Default is set to "Yes". Uncheck the box to set to "No". 

NOTE: This feature will ensure that you do not forget to summarize and finalize a count sheet.

Require Reason for Inventory Adjustment Recommended: Turn this feature "ON" as it forces a reason when adjusting the inventory count. To turn it on, check the box.
Count Sheet Column Display

Allows you to select which columns you would like to count at inventory time. By default, the count sheets will contain the purchase unit, count (split unit) and recipe unit. Select one of the following options:

  • All Columns – Shows the purchase, case, and recipe units on the count sheets.
  • Show Purchase and Case Count Columns – Shows these two columns.
  • Show Only Case Count Columns – Shows the case (split case) unit only. 
Inventory Interface Select if using Freepour or Bluestreak bar bottle scan and weigh software.
Prep Par Level

Sets the desired timeframe that prep par levels are calculated by default.

Select a start and end date.

Default Prep Margin When creating prep sheets in reports, you can increase or decrease prep amounts within the report, but a default amount can be set here.

*The count sheet display is best done before an inventory is created. If you have existing count sheets, the counts in the column(s) you chose to hide will be part of the inventory summary. Before removing a column, make sure you have no counts in it otherwise the counts may be confusing in the final inventory valuation.