Minimum and Maximum Quantities (continued)

For example, if the quantity of an item on hand is 100, on purchase order is 50, and on sales order is 80, then the quantity of stock for that item is 70 (that is, 100+50-80).

If you want to specify different reorder information for each calendar quarter, enter the four period-start dates: January 1, April 1, July 1, and October 1. For bi-monthly coverage enter the six period start-dates: January 1, March 1, May 1, July 1, September 1, and November 1.

Note that you enter period-start dates numerically in the order month, day. For example, you would enter the period-start date June 30 as 6/30.

In the preceding two examples, the first period starts on January 1 and all periods are of equal duration, but these are not requirements. For example, here is another set of valid period-start dates: May 2, September 10, January 20, and March 25.

You may want to add reorder information only for part of your inventory, such as expensive or high-volume items.