Suggested Ordering: Create Purchase Order
This brings us to the second main aspect of suggested ordering Ordering quantities calculated by Clearview to meet forecasted demand until the next supplier delivery date, without carrying too much inventory. - the present stock levels (also known as "on hand").
You can choose between theoretical on hand and actual on hand as the present stock levels used for the calculations.
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Actual On Hand: This method allows you to enter the present physical count, when creating the PO Purchase Order, for an accurate estimate of your inventory levels.
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Theoretical On Hand: This method calculates the inventory on hand by starting with your last physical count and adjusting for sales (and sales assumptions), purchases, waste and transfers made since.
The theoretical on hand is an advanced ordering option as it is only as accurate as the data entered into CLEARVIEW for your store.