Overview

• To correct an error in a previous entry (quantity received, issued, or adjusted)

• To correct an error for LIFO, FIFO, lot, or serial items

   

To correct an error in a previous entry (quantity received, issued, or adjusted)

1. Select Inventory Management Main menu > Transaction Entry.

2. In the Transaction Type field, select Adjustments. For more information, see Transaction Entry - Fields.

3. Click the Next Entry No. button.

4. Click the Lines tab.

5. In the Quantity field, enter the quantity amount to adjust. Enter a positive quantity to increase the quantity on hand, or enter a negative quantity to reduce it.

6. Click Accept. The unit cost defaults to the standard cost for standard cost items, or to the average cost for average cost items.

An error for a previous entry has been corrected.

To correct an error for LIFO, FIFO, lot, or serial items

1. Select Inventory Management Main menu > Transaction Entry.

2. In the Transaction Type field, select Adjustments. For more information, see Transaction Entry - Fields.

3. Click the Next Entry No. button.

4. Click the Lines tab.

5. In the Quantity field, enter the quantity amount to adjust. Enter a positive quantity to increase the quantity on hand, or enter a negative quantity to reduce it.

6. Click the Lot/Serial Distribution button.

7. In the Lot/Serial Number Distribution window, specify the cost tier for the adjustment (the receipt date and reference for LIFO or FIFO items, or the lot or serial number for lot or serial items). The unit cost defaults to the unit cost associated with the cost tier specified. When negative adjustments are made to a LIFO or FIFO item, the unit cost cannot be overridden.

8. Click OK.

9. Click Accept.

An error for a LIFO, FIFO, lot, or serial item entry has been corrected.