General Information
Default Menu Location: Transaction >> Item Control >> Edit Inventory Cost Tiers
Screen Name: EDITCT
Function: Allows you to edit the cost of received inventory when a
FIFO/LIFO and/or
Specific Identification inventory costing method is being used.
Edit Inventory Cost Tiers Screen
Fields
Item: The Item Code you want to change.
Offset Account: The offsetting
GL Account for the cost change.
Instructions
Enter the Item code, then click the Load button to refresh the grid.
Verify that your Offset Account is correct. It will default to the Purchase Variance account as listed on the
CID Maintenance screen.
Enter the
Qty to Change and the
New Cost directly in the grid.
The
Total Cost Change number will update as you change values in the grid.
Click the Update button after you have made your changes.
