I/C Adjustments Screen

Click Create New to clear the screen for a new entry.

Click Delete to remove the current transaction.

Click this button to post the current transaction.

Click Save to save changes you have made to the screen.

Use this field to change the general ledger account number

A description of the specified account displays in the Account Description field.

You specify the type of adjustment you want for each item you add to an adjustment transaction. There are six types of adjustments you can enter:

• Quantity Increase, Quantity Decrease. Increases or decreases, respectively, the item quantity on hand at the location by the number you specify.

  Quantity increase and quantity decrease adjustments affect the item's average unit cost at the location, but the item's extended cost does not change.

  The program does not create general ledger transactions for these type of adjustments because the value of the inventory does not change.

• Cost Increase, Cost Decrease. Increases or decreases, respectively, the extended item cost at the location by the amount you specify. Inventory Control recalculates the average unit cost at the location based on the item's adjusted extended cost.
• Both Increase. Increases both the item quantity on hand and the extended item cost at the location by the increases you specify. Inventory Control recalculates the item's average unit cost at the location based on the increases.
• Both Decrease. Reduces both the item quantity on hand and the extended item cost at the location by the decreases you specify. Inventory Control recalculates the item's average unit cost at the location based on the decreases.

Displays the average cost of the item as of the last day-end.

Select a bucket type from the list to specify the way in which the program is to process the adjustment. Inventory Control automatically displays Offset Bucket.

Enter comments you want to appear on the Adjustments Posting Journal for the detail line. Use up to 250 characters.

Enter an amount by which to adjust the extended item cost.

Use this field to change the cost date of the entry.

Inventory Control automatically displays the transaction date for the receipt number you specify in the Receipt Number field.

Displays the cost unit of measure.

If you selected Specific Bucket in the Bucket Type column, specify the receipt number of the transaction used to enter item units into inventory.

Inventory Control automatically displays the description entered for the item on the I/C Items screen. You cannot change it on the I/C Adjustments screen.

Use this field to specify the item number of the item for which you are entering an adjustment.

You can enter a manufacturer's item number that was associated with an item (using the I/C Manufacturers' Items screen). The program substitutes the inventory item number, and places the manufacturer's item number that you entered in the Manufacturer's Item Number column in the table.

Line numbers show the order in which you added each detail line to the adjustment. They are assigned in sequence by Inventory Control and you cannot change them.

If you want to insert a detail line ahead of an existing line (except for line 1), select the previous line, then click the Add Line button.

To delete a line, select it and click the Delete Line button.

Use this field to specify the code of the inventory location at which to make the adjustment for the item.

Locations in Inventory Control are either physical locations or logical locations.

You can adjust goods only at a physical location.

If you entered a manufacturer's item number in the Item Number field, the program replaces it with the inventory item number, and places the manufacturer's item number that you used in the Manufacturer's Item Number field (by default the last field in the table).

You must have already added the manufacturer's item number using the I/C Manufacturers' Items screen.

This column displays:

• No when this transaction detail does not include optional field information.
• Yes when there is optional field information for a transaction detail

If optional fields are set up for transaction details, you can add or change optional fields by clicking in this column and then clicking to open the Optional Fields screen. An optional field can be set up to automatically contain information; if that optional field is associated with transaction details, this column automatically displays Yes.

Note: Optional field information can pass to the General Ledger only if the optional fields are also assigned to the general ledger accounts.

Enter the number of units by which to adjust the item quantity.

To decrease the quantity of an item in stock to below zero, you must have turned on the Allow Negative Inventory Levels option on the I/C Options screen.

Use this field to specify the unit of measure for the item.

You must use a unit of measure that has been assigned to the item on the I/C Items screen.