Inventory Negative Tier Adjustment Register

 

Window Details

 

How Do I...

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Print a Journal or Register

Overview

 

Print a Journal or Register as a PDF

Report Sample

 

Clear Negative Cost Tiers

 

Related Topics

 

 

Defining Negative Tier Adjustment Postings

Transaction Entry

Inventory Negative Tier Report

Negative Quantity Adjustments

Printing Dialog Box (Journals and Registers)

 

 

 

Navigation

Select Inventory Management Period End menu > Inventory Negative Tier Adjustment.

Overview

The Inventory Negative Tier Adjustment Register prints only items that have negative cost tiers and have other cost tiers with positive quantities that can be used to offset negative tiers. It also shows the difference in cost between the negative tier and the adjusting positive tier. After the Inventory Negative Tier Adjustment Register prints, the cost difference (if any) shown can be posted automatically to the general ledger.

Review the register for content. The quantity on hand for each cost tier is adjusted, and the adjustment amount is posted to the general ledger.

When this register is printed, an asterisk (*) is displayed for any item with a positive cost tier dated in a future period on the register. Using a future-dated positive cost tier to adjust a negative cost tier can cause the inventory trial balance to be out of balance.

Note Cost tiers are created for LIFO, FIFO, lot, and serial valued items. Only LIFO and FIFO cost tiers can be automatically adjusted.