The Flowchart Computer Shop Inventory Management

Topics: Procurement, Purchase order, Inventory Pages: 2 (527 words) Published: July 25, 2012
The Flowchart
Of Computer Shop Inventory Management

Flowchart Description:
* First, a retail company receives the merchandise reorder reports. * They take the data from those reports and key it into the computer to create a record (which is the basic process of taking data and converting it into information). * They then take each record and store it into different files. * Retail company receives receiving report.

* They then input the data from the report into the computer. * That data is then converted into information in the form of records. * The records are then stored into different files (one of which adds to inventory on-hand balances). * Retail company receives shipping report from the sales department. * They then take the data from the report and input it into the computer to create information in the form of records. * They then take the individual records and store them into separate files (which in turn deducts from the inventory on-hand balances). * Retail company received credit and purchase/debit memo. * Return data is keyed into the computer.

* That data is then converted into information in the form of records. * These records are then stored into different files that will update / change on-hand balances to reflect the adjusted quantities. * The Open Purchase Order File, Purchase Transaction File and Merchandise Inventory Master File (a permanent file) are updated when the quantity ordered are inserted into inventory records. * The Open Purchase Order File, Merchandise Inventory Master File and Receipts Transaction File are updated after the quantities received have been added to on-hand balances. * Only the Merchandise Inventory Master file is updated after the shipped quantities have been deducted from oh-hand balances. * Lastly, only the Merchandise Inventory Master File is updated after the changes on the on-hand balances are made to reflect the adjusted quantities. * Once...
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