This enhancement provides clients the ability to store the opening/ending on hand balance for each Inventory period at the Item (IIM), Warehouse/Item (IWI) and Lot/Location (ILI) levels. Infor LX clients can back date inventory transactions into the immediate previously closed period, and thus update what was saved as the opening/ending balance throughout the current open period.
Tracking the opening/ending/period balance for each inventory period can give users insights into the levels of inventory for each item, item/warehouse and item/warehouse/lot/location combination.