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Inventory
The Minotaur Inventory module keeps accurate track of all the products you deal with, whether finished goods or raw materials. Barcode capabilities, serial numbers, lot control, multiple locations, EDI interface with suppliers, all enhance your control over stock levels. The part file is comprehensive, storing all the information you need about each part and updating it automatically. All transactions and costs are recorded in detail, allowing part histories and inventory valuations at any time, for any date. With the Minotaur Inventory module, you achieve unprecedented tracking and control of your inventory, resulting in lower inventory carrying costs, lower overhead, increased cash flow, and higher profitability.
 
Important Features
Barcoding Capabilities
Serial Number tracking
Lot Control
Full history reports on parts
Automatic landed cost calculation
Unit Conversion capabilities
Fully handles RMA (Returned Materials Authorization)
Order Requirements Reports
System can track unlimited Inventory Locations and Bins within Locations.
System can receive partcodes, serial numbers, or document numbers by barcode upon arrival in inventory.
Barcodes can be read by system to provide historical and other reports on specific items, based on serial number, or on general parts, based on partcode.
Full historical reporting by Serial Number.
Lot Numbers can be entered as Lots arrive in stock. Full historical reporting by Lot Number.
EDI interface with suppliers for receiving supplier bills electronically.
Transactions automatically update Purchasing, Accounts Payable, and the General Ledger.
System warns user of illogical or inappropriate transactions before they are posted. i.e. transfer of non-existent quantities, etc.
Full history reports on parts, displaying customer invoices, supplier bills, adjustments, and production.
Mass price changing of selling price or supplier price of parts, by percentage or flat rate.
Receive partial shipments from suppliers, with automatic back-order (if using Purchasing module).
Warns user of price changes when entering supplier bills, and automatically updates price on file if new price is accepted.
Calculates landed cost automatically, based on on-going weighted average.
Backdated Inventory Valuation will calculate on cost as of that past date.
Reorder List automatically informs of parts and quantities to purchase or produce, (if using Purchasing and Order Entry/Invoicing modules).
Built-in calculation factors to convert supplier measurement to your measurement.
Brix Conversion for liquid measurements.
Fully handles RMA (Returned Materials Authorization).
Stock Adjustments can be made at any time, for one Location or between Locations.
Receipt numbers are automatically generated, but can be changed by user.
Full Audit Trail of inventory activities.
 
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