Adjustments Posting Journal
The adjustments posting journal report includes all adjustments created using:
-
Adjustment entry in the Transactions folder.
-
Process Adjustments in the Periodic Processing folder.
-
Post Inventory Reconciliation in the Physical Inventory folder.
For information on creating adjustments, see Processing Adjustments.
The report includes:
-
The type of adjustment (Cost Increase, Cost Decrease, Quantity Increase, Quantity Decrease, Both Increase, Both Decrease).
-
If you make an adjustment to a LIFO or FIFO item, this column also specifies the bucket type (Offset Bucket, Specific Bucket, or Prorate).
-
The Debit and Credit columns show changes in functional currency to your adjustment/write-off accounts when you adjust costs. A change in quantity only does not affect these accounts.