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8.4 Enter Physical Inventory Tag Count

 

  • Form Application: Inventory
  • Form Name: INVADPTE
  • Form Path: /oracle/apps/r12/visr12/apps/apps_st/appl/inv/12.0.0/forms/US/INVADPTE.fmx

Physical Inventory process helps in matching system on-hand with actual physical on-hand. During physical inventory, first inventory snapshot is taken then tags are generated. Once tags are generated, actual on-hand quantity physically found is captured on tag.

Navigation: Inventory responsibility -> Counting -> Physical Inventory -> Tag counts

  • Select the ‘Name’ of Physical Inventory
  • Click ‘Find’
  • Check ‘YES’ to query all existing tags

Output shows all tags generated. Select the tag for which on-hand quantity will be entered.

  • Enter the count quantity in ‘quantity’ field.

Save the tag count entered. Now you have actual count entered and system on-hand on tag. Based on Physical Inventory setup, oracle decided if there is a variance if it requires approval. Next step in physical inventory process is APPROVE / REJECT.

Enter Physical Inventory Tag Counts

Enter Physical Inventory Tag Counts

 

 

 

 

 

 

 

8.3 Physical Inventory Tag Generation

  • Form Application: Inventory
  • Form Name: INVARPGT
  • Form Path: /oracle/apps/r12/visr12/apps/apps_st/appl/inv/12.0.0/forms/US/INVARPGT.fmx
  • Request Application: Inventory
  • Request Code:INCAPT
  • Request Name: Generate Physical Inventory Tags

Physical Inventory (PI) is a process in which actual on-hand quantity counted and adjusted with system (Oracle apps ERP) on-hand quantity. Typically this is performed every year, but some businesses may decide to do more often. During Physical Inventory all inventory transactions are locked-up, no inventory movements are performed. Once Physical Inventory parameters are setup, and inventory snapshot is taken next step is to generate TAGs. Tags are printed documents that prints the snapshot information. Each record of snapshot is printed on a separate tag. Tag will have Item, Location etc information. The person who does PI counting use the tag to capture the information of actual on-hand.

Navigation: Inventory responsibility -> Counting -> Physical Inventory -> Tag Generation

  • Select the existing Physical Inventory (PI) name
  • Select the ‘Tag Type’ – Default tags or Blank tags
  • Check if ‘Serial Number’ information to be printed on ‘Tag’
  • Enter ‘Starting Tag’ number
  • Enter ‘Digit Increments’ for each tag
  • Ending tag and number of tags are defaulted based on snapshot.
  • Click on ‘Generate’
  • Concurrent program ‘Generate Physical Inventory Tags’  is submitted

Navigate to view requests. Wait until concurrent request is completed before proceeding with next steps.

Physical Inventory Tag Generation

Physical Inventory Tag Generation

 

 

 

 

 

 

 

 

8.2 Physical Inventory Snapshot Generation

 

  • Request Application: Inventory
  • Request Code: INCAPF
  • Request Name: Freeze Physical Inventory

Physical Inventory (PI) is a process in which actual on-hand quantity counted and adjusted with system (Oracle apps ERP) on-hand quantity. Typically this is performed every year, but some businesses may decide to do more often. During Physical Inventory all inventory transactions are locked-up, no inventory movements are performed. Once Physical Inventory parameters are setup, next step is snapshot generation i.e. taking snapshot of current system onhand information.

Navigation: Inventory responsibility -> Counting -> Physical Inventory -> Physical Inventories

  • Click on ‘Find’ icon to view existing Physical Inventory (PI) setup.
  • Once PI if opened, click on ‘Snapshot’ button
  • Concurrent request ‘Freeze Physical Inventory’ is automatically launched, request id is displayed.

Navigate to view requests. Wait until concurrent request is completed before proceeding with next steps.

Physical Inventory Snapshot Generation

Physical Inventory Snapshot Generation