About Adjustment Details
The costing method used for an item determines the information
you need to enter for each detail line on a transaction.
Note: There are no restrictions on the number of detail lines you can enter
on adjustment transactions.
- Item Number. Enter the code for the item for which you are entering an adjustment.
- Item Description. Inventory Control displays the description from the item record.
- Adjustment Type. Select the type of adjustment you want to make for the item (quantity increase, quantity decrease, cost increase, cost decrease, both increase, or both decrease).
- Location. Specify the inventory location at which to make the adjustment.
- Bucket Type. For items that use the FIFO or LIFO costing method, you specify how to adjust items. More...
You specify one of the following processing
types:
- Offset Bucket.
- Specific Receipt and Receipt Number. If you select Specific Receipt, you specify the receipt number of the transaction used
to enter item units into inventory to adjust the FIFO or LIFO bucket the program created to store the quantity and cost of the units. (The receipt
number you specify must appear in the Finder for this field.)
- Prorate.
- Cost
Date. Inventory Control displays the transaction date for the specified receipt
number (if you specified one).
- Quantity.
Specify the number of units by which to adjust the item quantity.
Note: To decrease the quantity of an item in stock to below
zero, you must have selected the Allow Negative Inventory Levels option
in the Options screen.
- Cost
Adjustment. Enter the amount by which to adjust the item cost.
- Unit
of Measure. This is the unit of measure for the item.
Note: You specify a unit of measure only when adjusting the quantity of the item.
- Adjustment
Account. This is the general ledger account to which you post
cost adjustments and write-offs for the item. Inventory Control displays the account from the item record's account
set, but you can specify a different account.
Note: You specify an account number only when adjusting item costs. (Inventory Control does not create general ledger
transactions for adjustments that affect only the item quantity.)
- Comments.
Enter any comments you want to appear on the Adjustments Posting Journal
regarding the detail line. (Optional)
- Optional Fields. If optional fields are set up for use in adjustment details, you can enter information in the detail optional fields by selecting the detail line, and then using the Optional Fields column.