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Quantity gross Accuracy
How is quantity Gross Accuracy formulted in Advanced cycle counts?
1 Reply
- foodd
Community Champion
Inventory Cycle Counting 101: Best Practices & Benefits | NetSuite
The Quantity Gross Accuracy in Advanced Cycle Counts is typically calculated using the Inventory Record Accuracy (IRA) formula. The IRA is determined by comparing the matched inventory to the total number of items counted.
Here’s the formula:
IRA = Matched inventory / # items counted
