Page Comparison

Process transactional data up to month end or Stocktake
Inwards Goods processes receipts up till stock take.
Job Purchase Invoices process average and last Cost values. (Note that processing a Job Purchase Invoice where the goods have not been receipted will automatically process the Job Receipt where it is a Stock Job). .
Stock Issues
Stock Adjustments

Run Prepare for Stocktake. This takes a snapshot of quantities and the cost rates applicable at that date. This will allow you to print Stocktake Count Sheets. 

Count the Stock

Process transactional data up to cut off.

Run Prepare for Stocktake again for Existing stock where transactional data relating to the preceding period has been processed after original Prepare for Stocktake.

Enter Stocktake Counts
 

Print Stocktake variance reports
 

Generate Stock Counts Adjustments. This adjustment batch created adjusts the stock to the counted figures and any value adjustment will be at the snapshot rate per the valuation method. 

Create any other adjustments necessary.

Run any Month End stock reports required

Close Period Flag for Stock.