Difference between revisions of "Change Cost of Received"
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m (DavidT moved page Editinventorycosttiers to Change Cost of Received) |
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'''Screen Name''': EDITCT | '''Screen Name''': EDITCT | ||
− | '''Function:''' Allows you to edit the cost of received inventory when a [ | + | '''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:cost_tier_new.png|Cost Tier Screen]] |
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'''Item''': The Item Code you want to change. | '''Item''': The Item Code you want to change. | ||
− | '''Offset Account''': The offsetting [ | + | '''Offset Account''': The offsetting [http://www.abiscorp.com/faq/index.php?title=GL_Account| GL Account] for the cost change. |
===Instructions=== | ===Instructions=== | ||
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Click the Update button after you have made your changes. | Click the Update button after you have made your changes. | ||
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+ | [[Category:Item Control]] |
Latest revision as of 14:57, 22 November 2022
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.
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|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.