IC Transaction Statistics

By | February 22, 2024

All the products, resources, and goods that the organization keeps in order to sell them in the market and turn a profit are often referred to as inventory. Maintaining the proper stock of materials or supplies can help to minimize the loss of items or materials. Then, depending on the required inventory, these remaining products and materials are either sold straight to customers or turn into a finished product. It greatly helps in reducing the unnecessary expense of inventory. So, in this blog we are going to discuss how a user can access the record about posted transactions for the current year and all the previous years for which you keep history.

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Basically, statistics involves gathering, analyzing, interpreting, and presenting large volumes of numerical data. Transaction statistics are gathered based on the selections made for the “Accumulate By” and “Period Type” fields in the I/C Options screen. In Sage 300 ERP, users have the capability to review inventory statistics, which are processed throughout a fiscal year on a period-by-period basis. For that, user have to navigate to Inventory Control >> I/C Price/Sales Analysis Reports >> Transaction statistics. Please refer below screenshot.

Price sale analysis reports
Transaction Statistics

After clicking on Transaction Statistics, following screen will appear.

IC Transactions
IC Transaction Statistics

On this screen, the user is prompted to choose the specific period of the year for viewing inventory statistics. Additionally, users can select the period according to the specific year they are interested in. That is by selecting the period by year, the user can see the inventory statistics for the selected years in the selected period. Once the year and period have been selected, proceed by clicking on the “Print” button. Please refer screenshot below for same.

Sample Company Inc
Output

So, in the above report, the user can see all the inventory statistics like for a particular year in a particular period, number of receipts processed, number of shipments processed, total item transactions by the user etc. Also, in addition to this, user can see the number of receipts, shipment counts which are processed within selected years. Among the shipments user can also see the returns along with the returns count and the cost of returned goods.

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