The Physical Inventory Submenu allows for cycle counting or complete physical inventories. Cycle counting (counting a portion of inventory each evening) is recommended for greatest accuracy between computer records and actual stock. Count sheets may be printed in almost any order (e.g. by item, location or vendor). After printing count sheets at the close of the business day, the Capture Quantities Program is run. This ‘captures’ the on-hand quantity and allows business to resume the following day prior to the counts being entered or processed. This avoids having to postpone normal business operations until after counts are entered and updated. The counts from the physical are then entered and the Discrepancy Report (showing any variances between the computer balance and the count) is run. After verification of the discrepancy report, the Update Inventory Program is run to reset any discrepant items.