Adjustments Form

Sage ERP Accpac Inventory Control 6.0

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$image\field_bt.gif$ Adjustments Form

Use this form to:

Enter and post adjustments to item quantities and costs.
Import adjustment transactions from other Sage ERP Accpac databases or from non-Sage ERP Accpac programs.
Assign serial and/or lot numbers to items in adjustments if you have the Serialized Inventory and Lot Tracking license installed

Click the Field List button at the top of this topic for information about fields on the Adjustments form.

Click here for hints on using forms.

To enter adjustments

Select I/C Transactions > Adjustments to display the I/C Adjustments form.
Click New to start a new adjustment, then press Tab to let the program assign an adjustment number, or enter an adjustment number.
If necessary, select an adjustment date (click the Calendar button), and select a fiscal year/period from the drop-down list at the Year/Period field.
Enter an optional description and reference for the adjustment.
Add the detail lines, specifying the item number, adjustment type, and location for each, then:
If the item uses the FIFO or LIFO costing method, specify the bucket type, receipt number, and cost date.
If the adjustment type is Quantity Increase, Quantity Decrease, Both Increase, or Both Decrease, specify the quantity and unit of measure.
If the adjustment type is Cost Increase, Cost Decrease, Both Increase, or Both Decrease, specify the cost adjustment and adjustment/write-off general ledger account.

Enter any comments you wish to add.
Click the Post or Save button, then click OK at the message that displays the adjustment number.

Project and Job Costing integration

If you use Project and Job Costing, material adjustment transactions created by Project and Job Costing will appear in Inventory Control showing adjustments to particular contracts, projects, job categories and overhead accounts.

Note, however, that you cannot adjust materials for jobs from the Inventory Control program.

After using the Adjustments form

Run Day End Processing to update Inventory Control's audit data, costing data (unless you cost items during posting), and item statistics after posting adjustments.
Print the Adjustments Posting Journal to check the adjustment transactions you posted.