One of the key elements to Inventory is maintaining the appropriate stock levels. Physical Inventory Freeze allows stock items to be counted so that discrepancies between the recorded and actual on hand quantities can be accounted for. When discrepancies are discovered, the Inventory Reconciliation process creates Inventory Adjustment (IA) transactions to account for the change in On Hand Quantity, as well as any change in a Stock Item's cost.
Please refer to the “Physical Inventory Freeze Process” topic and the “Reconciliation Posting" run sheets in the CGI Advantage - Inventory Run Sheets Guide for more information on the batch processes.