MYOB Advanced – Inventory Lot and Expiry Date Tracking
Lot and expiry date tracking is the practice of tracking inventory lot codes and expiry dates of inventory items within your business. MYOB Advanced gives its users the ability to track inventory received and sold effectively. This article will show you how to enable and configure this feature. Enabling the Lot Tracking Feature To enable the lot tracking feature navigate to System Management > Licensing > Enable/Disable Features and enable ‘Lot and Serial Tracking’.
Configuring the Lot and Expiry Date Tracking
Inventory > Preferences > Lot/Serial Classes
When adding a new Lot/Serial Class select Tracking Method to ‘Track Lot Numbers’. To track the expiry dates check the ‘Track Expiration Date’ Checkbox and also select the Issue Method suitable (e.g. FIFO – First In, First Out). The example below has 2 separate classes in order to track items with (BATCHEXP) and without (BATCH) expiry dates.
