Inventory & GP Posting¶
OverDrive is the source of truth for inventory and the posting comes out of OverDrive — this is not a workaround. There are no inventory transfers in OverDrive and no Relex integration. The month-end inventory posting process and the outputs received from VAST today have already been reviewed; this playbook is how those same outputs are produced from OverDrive each period. It stops being a transition item once OverDrive replicates every inventory-accounting output VAST provides today.
When this applies¶
Month-end inventory / GP posting must be performed from OverDrive.
The process¶
- Run the OverDrive Inventory Detail extract at 12:01am. (IT)
- Run the OverDrive PO and OPO Receipt extracts for the previous month. (IT)
- Log into OverDrive and pull the OPNR list at 12:01am. (Finance / GP)
- Post PO and OPO receipts for the prior month in Great Plains. (Finance / GP)
- Confirm sales audit has posted all days for the previous month. (Finance / GP)
- Perform the Great Plains-to-OverDrive Inventory Detail reconciliation and post the true-up into Great Plains. (Finance / GP)
- Share the reconciliation results with IT for troubleshooting. (Finance / GP)
- Remove Store 4237 from the VAST inventory postings. (Finance / GP)
Go-live & cutover notes¶
- Go-live day: a one-time mid-month sync-up is performed to close out VAST. (Finance / GP)
Related¶
- Sales Audit & GP Posting — the companion GL-posting extract for sales, paidouts, and purchases.
- House Accounts — the AR re-key that feeds the same GP cycle.