Stock adjustments & revaluations

Reference: Number, Read-only, WYSIWYS

This number uniquely identifies a Stock Adjustment / Revaluation. The Adjustment # is automatically generated by the system after the first update and cannot be changed for the life of the adjustment / revaluation.

If a stock adjustment / revaluation is deleted, its Adjustment # will never be used again for another stock adjustment / revaluation.

Reference: Date, Mandatory, QuickList, WYSIWYS

This is the date for which the adjustment / revaluation is being performed. It can be any valid date that is within the current extended Financial year.

This date is used as the date for the General ledger journal entry.

Reference: Select from list, Mandatory, WYSIWYS

• Adjustment: This allows you to specify that you are performing a stock adjustment. Once the record has been updated, you cannot change this field
• Revaluation: This allows you to specify that you are performing a stock revaluation. Once the record has been updated, you cannot change this field

Reference: Select from list, Mandatory, HotEdit, WYSIWYS

This is the User name (not user login ID) of the user that requested the adjustment / revaluation. By default, this field is filled with the current user when a new record is added.

Reference: Select from list, Mandatory, HotEdit, WYSIWYS

This is the User name (not user login ID) of the user that approved the adjustment / revaluation. By default, this field is filled with the current user when a new record is added.

Reference: Select from list, Mandatory, HotEdit, WYSIWYS

This is the reason for the stock adjustment or revaluation. This list contains all of the stock adjustment reasons set up by the Stock adjustment reasons facility.

When a reason is selected from the list, the allocation account specified for that reason is automatically filled in to the Allocation account field, and can only be changed if you have administrator permissions.

Reference: Account, Mandatory, QuickList

This is the General ledger account to which the total value of the stock adjustment / revaluation will be credited. This account is automatically filled in when a stock adjustment reason is selected, and can only be changed if the current user has administrator permissions for stock adjustments.

Reference: Select from list, Mandatory, HotEdit, WYSIWYS

This is the User name (not user login ID) of the user that entered the adjustment / revaluation. This field is automatically filled in with the user name of the current user and can only be changed if the current user has administrator permissions.

Reference: Memo, Expandable, WYSIWYS

This is free text that can be used to enter any comments about the stock adjustment / revaluation.

Reference: Select from list, Mandatory, HotEdit, WYSIWYS

This is the warehouse from which the Items will be adjusted if a stock adjustment, or the warehouse for which the Items will be revalued, if a revaluation is being performed.

Reference: Text(30), Mandatory, AutoComplete, QuickList, WYSIWYS

This is the item code of the item that is being adjusted / revalued. This must represent a valid stock item, but you can type the first few letters of the code and activate the QuickList (by clicking on the button or pressing the QuickList Hot Key).

Reference: Text, Read-only, WYSIWYS

This is the description of the item that is being adjusted or revalued.

Reference: Text(64), AutoComplete, QuickList, WYSIWYS

This is the Job to which the stock adjustment relates.

To display a list of all valid Jobs, click on the button or press the QuickList Hot Key.

Reference: Text, Read-only

Information is under review for a new version and will be updated soon.

Reference: Quantity, Mandatory, WYSIWYS

This is the quantity of Items being adjusted.

Reference: Select from list, Mandatory

This is the unit in which the item is being adjusted. To change the unit for an item, click with the left mouse button on the Unit name. This will cause a menu to appear, displaying all available units for the item. The available units are dictated by the units specified for the item on the item form. When you click on one of the menu items, you will see the values in the Unit qty, Item cost and Adjustment total fields change to reflect the new unit type.

Reference: Quantity, Read-only

Reference: Currency, Mandatory

This value is the value (per single item) of the item being adjusted. The total adjustment value will be this value multiplied by the adjustment quantity.

Reference: Button

This button automatically fills in the item cost field with the current average cost of the item (or if none in stock, then the last cost).

Reference: Currency, Read-only

This value represents the total value of the Items being added / removed from stock for the adjustment.

Reference: Select from list, Mandatory

This field provides three options and dictates the method used to perform the stock revaluation.

• Make the total stock value equal to the amount below: Available for non serial or batch tracked items
• Add the amount below to the current stock value: Available for non serial or batch tracked items

OR

• Add the amount below to the current stock value of each selected serial or batch: Available for serial or batch tracked items
• Make the cost of each item in stock equal to the amount below: Available for non serial or batch tracked items

OR

• Make the cost of each selected serial or batch number equal to the amount below: Available for serial or batch tracked items

Reference: Currency

This is the amount of the revaluation. The way in which the amount is used for a revaluation is dependent on the Revaluation action.

Available for serial or batch tracked items.

Reference: Menu

Information is under review for a new version and will be updated soon.