Inventory

The OGsys Inventory module maintains inventory balances from multiple companies and multiple locations including remote sites. Inventory valuation methods include Standard Cost, FIFO, LIFO and weighted average. Inventory movement is easily controlled through Receipts, Transfers, Issues, and Adjustments. Use Inventory Transaction Entry to process receipts against PO's, transfers out, transfers in, issues to wells, manual adjustments to inventory, and cycle counts.