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    Cyclecount

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    sohaibmuzaffar007
    1. Cycle Counting in Oracle has four main activities: defining the cycle count, generating a cycle count listing, entering actual count entries, and approving adjustments. 2. When defining a cycle count, parameters like late days, unscheduled entries, automatic recounts, and approval requirements are set. Items to be counted are selected from an existing ABC classification. 3. A cycle count listing is generated as a seeded report to count items. Actual count entries are then made, which may require approval if adjustments are needed over tolerance levels.

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    Cyclecount

    Uploaded by

    sohaibmuzaffar007
    30 views9 pages
    1. Cycle Counting in Oracle has four main activities: defining the cycle count, generating a cycle count listing, entering actual count entries, and approving adjustments. 2. When defining a cycle count, parameters like late days, unscheduled entries, automatic recounts, and approval requirements are set. Items to be counted are selected from an existing ABC classification. 3. A cycle count listing is generated as a seeded report to count items. Actual count entries are then made, which may require approval if adjustments are needed over tolerance levels.

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    Cycle count

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    1. Cycle Counting in Oracle has four main activities: defining the cycle count, generating a cycle count listing, entering actual count entries, and approving adjustments. 2. When defining a cycle count, parameters like late days, unscheduled entries, automatic recounts, and approval requirements are set. Items to be counted are selected from an existing ABC classification. 3. A cycle count listing is generated as a seeded report to count items. Actual count entries are then made, which may require approval if adjustments are needed over tolerance levels.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    30 views9 pages

    Cyclecount

    Uploaded by

    sohaibmuzaffar007
    1. Cycle Counting in Oracle has four main activities: defining the cycle count, generating a cycle count listing, entering actual count entries, and approving adjustments. 2. When defining a cycle count, parameters like late days, unscheduled entries, automatic recounts, and approval requirements are set. Items to be counted are selected from an existing ABC classification. 3. A cycle count listing is generated as a seeded report to count items. Actual count entries are then made, which may require approval if adjustments are needed over tolerance levels.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    Oracle Cycle Count

    Cycle Count in Oracle has four main activities at high level as following

    1. Cycle Counting Defining


    2. Generating Cycle Count Listing (seeded report used to get a list of items and then count
    them)
    3. Entering Actual Entries (count entries )
    4. Approving Adjustments (Posting to GL for adjustments)
    *Pre-Requisite to Cycle counting is ABC classification and compilation

    1. Cycle Counting Defining


    Navigation:

    Define new or open an existing one (to explain I am defining a new one)
    Scope and Control
    Late Days: This represents that after 5 days if counts are not updated in system they would be
    treated as late counts, ideally 0 for daily, important to note here is nothing will happen on an
    existing count. This is mainly for reporting purpose to provi de a visibility about how punctual the
    warehouse is in terms of completing the counts.

    Unscheduled Entries: Allows entering counts for items that are not scheduled to be counted
    Display System Qty: Displays on-hand quantity when entering counts manually
    Automatic Recounts: If yes out of tolerance will be counted in next run maximum number
    defines how many times this should happen if out of tolerance can happen again after this
    number say 5 adjustment has to be approved
    Auto Schedule: Select to schedule this cycle count based on frequency selected, daily, and
    weekly or by period, important to note system generates random item number for counts
    depending upon frequency and class counts per year
    The formula to get item count is attached here

    Cycle_Count_items_
    formula_calculator.xls

    Count Zero Quantity: Means system will automatically include item in count list if its on-hand is
    zero
    Approval Required:
    Never: Adjustments will be posted to GL (SLA) without approval
    If Out of tolerance: Will need approval before posting if tolerances are defined and count is out
    of tolerance
    Always: Adjustments need approval all the time

    ABC Initialization: Need to select an ABC group which is already defined for org and has items in
    it
    Option:
    None: No change in items as defined in group
    (Re)Initialize: Reload all items from ABC group used, (deletes existing changes/additions of
    items)
    Update: Use ABC group to insert items not included in cycle count
    Count per Year: Number represents how many times each item should be counted for that
    class, so here every item in class A should be counted 300 times a year so roughly every day
    You can enter more items here, delete items here or change their class
    Finally from tools choose to schedule your cycle count

    Once PKMS sends back counts these should be populated as:

    As per counts adjustments would be posted


    Approver needs to approve:

    If approved status changes to completed else remains uncounted

    Lastly if user want to submit a cycle count task for some specific items they can submit manual
    request for counting you can have any items that are in the ABC group

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