Physical inventory
Performing a physical inventory involves physically counting the materials you have in
store and comparing the inventory data that you gather during count with the data stored in
your online inventory. The physical inventory process enables you to reconcile your online
inventory with the actual stock on the shelves and in bins in your stores.
To perform a physical inventory, first generate a physical inventory counting sheet to create a snapshot of the data in your online inventory that you will use to compare with the data you gather during your cycle count. Then, enter physical inventory quantities to update the actual physical quantities of inventory items found during your cycle count. Finally, refresh existing physical inventory data to update the expected quantities in the physical inventory data snapshot as necessary.