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xTuple ERP Reference Guide |
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xTuple ERP Reference Guide |
| 11.2. Adjust Average Cost Value | ||
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 | 11. Utilities |  |
From time to time you may find it necessary to adjust the Inventory value of your average cost Items. The Adjust Average Cost Value utility is designed to facilitate this process. To access the utility, select the "Adjust Average Cost Value" option. The following screen will appear:
When adjusting the Inventory value of average cost Items, you are presented with the following options:
Specify the Site where the adjustment should be recorded. If an Item is located in more than one Site, be sure to specify the correct Site for the adjustment.
Enter the Item Number of the Item you want to create an adjustment for. Only average cost Items having a Quantity on Hand (QOH) > 0 will be available for selection. If an average cost Item does not appear as available to select, this likely means the Item's QOH = 0.
Displays the current Quantity on Hand for the Item Site.
Displays the current value of the Inventory in the Item Site.
Displays the current Unit Cost for the Inventory.
Enter the new value you want to assign to the Inventory in the Item Site.
Displays the new Unit Cost for the Inventory.
Specify an alternate Account Number to use for the transaction.
The following buttons are unique to this screen:
Select to update the value of your average cost Inventory, create an "Adjustment" inventory history transaction, and post the difference in value to the G/L.
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| 11.1. Unbalanced QOH by Class Code |  | 11.3. Update Item Controls |