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11.4 Approve Cycle Count Entries

 

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

Cycle count process is periodic schedule inventory counting and verification process. Once cycle count is setup it can be scheduled to run automatically based on ABC class and count frequency. Then actual physical counting happens and results of counting is captured in system. Based on cycle count setup, if quantity/value variance is beyond the limits then approval may be required.

Navigation: Inventory responsibility -> Counting -> Cycle Counting -> Approve Counts

  • Select the ‘Cycle Count’ name from the drop down
  • Click ‘Find’, choose ‘Yes’ when prompted with ‘Query counts pending approval only’
  • Verify the actual count quantity, system quantity and variance.
  • Decide if the variance can be approved or further investigation/recount is required.
  • Select the ‘Approved’ radio button

Save the changes. Now variance is approved and system onhand inventory is adjusted with actual count quantity.

Approve Cycle Count Entries

Approve Cycle Count Entries

11.3 Enter Cycle Count Entries

 

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

Cycle count process is periodic schedule inventory counting and verification process. Once cycle count is setup it can be scheduled to run automatically based on ABC class and count frequency or manual schedules can be entered to do cycle count for specific items on periodic basis. Once cycle count is scheduled the next step is actually doing the counting and capturing the results in count quantity. This will help is doing inventory variance and approval.

Navigation: Inventory responsibility -> Counting -> Cycle Counting -> Cycle Count Entries

  • Select the ‘Cycle Count’ name from the drop down
  • Click ‘Find’, choose ‘Yes’ when prompted with ‘Find all open count requests’
  • Select the specific count sequence you have counted or create a new count if dynamic count is allowed
  • Enter actual ‘Count quantity’

Save the changes. Now new count quantity is captured against the system quantity. The difference is variance and based on cycle count setup, system enforces if any approval is required.

Enter Cycle Count Entries

Enter Cycle Count Entries

11.1 Cycle Count Manual Schedule Request

 

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

Cycle count process is periodic schedule inventory counting and verification process. Once cycle count is setup it can be scheduled to run automatically based on ABC class and count frequency or manual schedules can be entered to do cycle count for specific items on periodic basis. In this tutorial you will learn how to do manual schedule request for cycle count.

Navigation: Inventory responsibility -> Counting -> Cycle Counting -> Manual Requests

  • Select the ‘Cycle Count’ name from the drop down
  • Click ‘Find’, it will show all open cycle count manual requests
  • Under Schedule Requests, select the ‘Item’ to be scheduled
  • Select the ‘Subinventory’ in which the item to be counted
  • Enter the ‘Schedule Date’

Save the changes. Now the manual schedule request entered is scheduled on the specified date. Whenever you print the count requests this item will be printed on scheduled date.

Manual Cycle Count Schedule Request

Manual Cycle Count Schedule Request