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TinaRexel
New Member

Quantity gross Accuracy

‎09-12-2023 01:54 PM

How is quantity Gross Accuracy formulted in Advanced cycle counts?

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foodd
Super User
Super User

‎09-12-2023 02:55 PM

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

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