View source for Change Cost of Received


===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 [https://en.wikipedia.org/wiki/FIFO_and_LIFO_accounting FIFO-LIFO] and/or [https://en.wikipedia.org/wiki/Specific_identification_(inventories) Specific Identification] inventory costing method is being used.

[[image:Edit_Cost_tier.png|Cost Tier Screen]]


===Fields===

'''Item''':  The Item Code you want to change.

'''Offset Account''':  The offsetting [http://www.abiscorp.com/faq/index.php?title=GL_Account| 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|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.

[[Category:Item Control]]