ABSS Inventory training

Who this course is for:

This course is for ABSS Accounting and ABSS Premier users.

Course duration:

1 day – 9:00 am to 5:00 pm

Next training date:

November: Monday, 15/11/2021

December: Monday, 27/12/2021

Course fee:

RM899.00 per pax (Premium cover customers – RM719.20 per pax)

Course description:

This course provides comprehensive instruction in utilising inventory features in ABSS Premier to its fullest potential.

You will learn how to account for inventory transactions to ensure accurate and timely records are maintained.

Course objective:

To enable participants to acquire knowledge to better manage inventory using ABSS Accounting or ABSS Premier.

Course content:

  • Understanding ABSS Inventory terms
  • Create relevant accounts codes
  • Create item code & price matrix
  • Create non-inventoried items
  • Assign Inventory Opening Balances
  • Assign specific price level and sales layout for customers
  • * Setup Multiple Locations
  • Understand the link between Inventory, Sales & Purchases
  • Create Sales Invoices
  • Create Purchase Orders, Bill
  • Handling Returned Inventory (Credit Notes)
  • Handling back orders
  • Converting SO to PO, PO to Bill, SO to Invoices
  • Create Auto-Build item – promotion/ package/hamper item
  • Building Auto-Build items
  • Preferences – Standard Costs
  • Handling Receive item without Supplier invoices
  • * Handling Negative Inventory
  • Set Item Price
  • Month End Count Inventory
  • Inventory Adjustment
  • * Relocation of Inventory (transfer / move items)
  • Year End Rollover for Item Movement Entries

* Feature applies to ABSS Premier only.


Microsoft Windows experience and basic accounting knowledge would be an advantage

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