Inventory Management - EBS (MOSC)

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Cycle count entries and adjustments report

edited Nov 9, 2010 5:35PM in Inventory Management - EBS (MOSC) 5 commentsAnswered
 I have following questions regarding Cycle count entries and adjustments report
What does the Counts approved mean/
What does Other Counts mean?
How does the Gross Accuracy % for Counts approved and Net Accuracy % for Counts approved mean?

I am attaching the output for one of the reports that we ran.

  Report Totals:
                                Counts Approved                563
                                   Other Counts                146
                             Total Cycle Counts                709
               Total Positive Adjustment Values          2,770.25
               Total Negative Adjustment Values          5,221.82
                               Gross Adjustment          7,992.07
                                 Net Adjustment         <2,451.57>
  Total Prior Inventory Value For Approved Item     32,378,750.90
  Gross Accuracy Percentage For Counts Approved              99.98
    Net Accuracy Percentage For Counts Approved              99.99

Thanks
Jayakumar

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