Inventory ABC Analysis
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1) | Select the ABC Analysis menu option.
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2) | Follow the wizard steps to classify inventory items.
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Sales Value | Bases classification on net sales amount for each item. Net sales are found by computing the quantity sold, subtracting the quantity returned, then multiplying the result by the unit cost.
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Sales Quantity | Bases classification on net sales quantity for each item. Net sales are found by computing the quantity sold and subtracting the quantity returned.
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On Hand Inventory Value | Bases classification on the total cost amount for each item. Total cost is found by multiplying the number of units currently on hand by the item's unit cost.
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Unit Cost | Bases classification on the unit cost for each item.
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Q01. | Can ABC classifications be edited after they are posted?
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A01. | Yes. Edit the desired item(s) in supertrack inventory. You may edit the classification here.
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Q02. | A user made a mistake during the ABC Analysis, now all of the items are classified incorrectly. How can this be fixed?
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A02. | Simply run the ABC Analysis again.
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Q03. | I don't see my question here. Where else can I get information?
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A03. | Visit our website's Technical Support section.
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