Inventory Negative Tier Report

 

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Overview

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Report Sample

 

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Create a Report Setting

Clear Negative Cost Tiers

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Correct Negative Tiers

Enter Multiple Values Using Separators

 

Related Topics

 

 

Transaction Entry Inventory Negative Tier Adjustment

Negative Cost Tiers

Negative Quantity Adjustments

 

Navigation

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

Overview

Use Inventory Negative Tier Report to alert you to any LIFO, FIFO, lot, or serial inventory items that have a negative quantity in a cost tier. Negative cost tiers are created when a LIFO, FIFO, lot, or serial item is overdistributed (the quantity on hand for the item is a negative number). To ensure that proper costing values are used for the item, it is necessary to adjust the negative quantities against other cost tiers (receipts, lot numbers, or serial numbers) that contain a positive quantity.

Note Using a future period positive cost tier to adjust a negative cost tier will result in an out-of-balance inventory trial balance.

You can enter a selection of product lines and warehouses to print. Use the information on this report to enter adjustments in Transaction Entry. Use Inventory Negative Tier Adjustment to automatically adjust LIFO or FIFO items with negative tiers; lot and serial item adjustments must be entered in Transaction Entry.

Fields

 

Report Setting

LIFO/FIFO

Description

Lot/Serial

Type

Operand

Default Report

Value

Print Report Settings

Printer/Output

Three Hole Punch

Keep Window Open After Print

Number of Copies

Keep Window Open After Preview

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