TipThe Edit Inventory Settings dialog box lets you update the functional settings of inventory that is configured in the FASTER Web database while installing FASTER Web.
Tip
To view the Edit Inventory Settings dialog box, click the Edit Inventory Settings link.
1. Click the Setup module.
2. In the Application Setup section, do one of the following:
§ Click 
next to the Inventory option, and then click Settings.
§ In the Inventory section of Application Setup, click the Settings link.
The Inventory Settings page opens.
3. Click the View link next to Edit Inventory Setting.
The Inventory Settings grid opens.
4. Click the Edit Inventory Settings link.
The Edit Inventory Settings dialog box opens.
5. Make the changes as required:
§ In the Tax Exempt list, select one of the following:
o Yes, to make inventory transactions non-taxable.
o No, to make inventory transactions taxable.
§ In the Cyclical Divisor box, type the number of inventory cycles to be performed in a year.
Note: FASTER Web divides the total inventory into the entered number of sections.
§ In the Cyclical All Storerooms list, select one of the following:
o Yes, to make cyclical inventory run on all storerooms together.
o No, to make cyclical inventory run on each storeroom individually.
§ In the Cyclical Include Non-Stock Parts list, select one of the following:
o Yes, to include non-stock parts in the cyclical Inventory.
o No, to include only stock parts in the cyclical Inventory.
§ In the Invoice Price Variance Percent box, type the maximum percentage difference that can be allowed between the invoice price and the order price.
§ In the Keep Item Transactions Within This Number of Days box, type the maximum number of days the inventory transaction must be kept in active files.
6. Click one of the following:
§ Save to save the information and close the dialog box.
§ Cancel to disregard any changes and close the dialog box.
