Edit Inventory Cost Tiers

Modified on Tue, 21 Jul 2015 10:20 by tpaeglis — Categorized as: Item Control

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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.