Cost Adjustment Fields: Where do the Values come from?

Where do the values of the Cost Adjustment fields come from

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• Beginning Value: pulls from last inventory total balance of last cost adjustment

  • Can be found in INV > Item Maintenance > select item > balance screen > bottom of screen is *Balance as of last cost adj

  • See screenshots below for more detail

• Ending Value: current inventory value

  • Can be found in INV > Item Maintenance > select item > balance screen > current inventory value

  • See screenshots below for more detail

• Ending less Beginning: beginning value minus ending value

  • This is the change the cost adjustment is expecting to see

• Transaction Change Amt: the value of all the transactions marked with an asterisk

  • If printing this detail, it is all the transactions that follow the balance record on this report

• Cost Adj Amount: if the Ending less Beginning value does not match Transaction Change Amt, then a cost adjustment is created

  • This amount will be added to the Transaction Change Amount to get the inventory value driven to the ledger so the ending inventory total matches the ledger

 

Open

INV > Item Maintenance > Select item > 3. Inventory Balances