The Freeze Inventory application allows the user to freeze inventory levels as of a certain date usually the end of the period. This allows the company to continue doing business while still being able to go back and analyze inventory levels and values as of the freeze date.
If on-line transaction processing is being used, frozen inventory levels will not be updated when new transactions are entered.
The Frozen Stock Status Report allows the user to print out information about inventory as of the freeze date.
Select Freeze Inventory from the pull down I/M Processing window. The following screen will then be displayed:
Freeze Inventory Entry Screen
The following options are available:
* Select the desired mode from the Freeze Inventory menu bar.
* Enter the data requested on the screen.
To return to the menu bar, press the ESC or F10 key. To leave this application, press X for EXIT when positioned at the menu bar.
Entry Field Descriptions