Manual Adjustments

The Inventory Adjustment (IA) transaction provides the ability to manually adjust inventory levels.   Inventory Adjustment (IA) transactions are also generated during the Physical Inventory Reconciliation process to facilitate and record reconciliation of on-hand quantities with actual quantities. The Inventory module tracks the movement of inventory throughout the chain of events.    

The Internal Inventory Adjustment (IIA) transaction provides the ability to:

• Add internally manufactured items to inventory with a single transaction.

• Record cost for the receiving party and reimbursement for the manufacturing party.    

• Record adjustments to internal inventory to reduce or increase inventory quantities or costs during periodic inventory reconciliation.

Internal Inventory Adjustment (IIA) transactions are limited for use with stock items marked as Internally Manufactured on the Inventory Maintenance (INVN) table. This transaction cannot reference any transaction in the system nor be referenced by any other transaction.  

Quantity and Unit cost cannot be modified at the same time unless the transaction is initializing inventory balances.  If unit cost is decreased, the new extended cost assumes the new unit cost for all of the items. The extended cost is updated to the average of all items. The IIA adds to the current Unit Cost instead of replacing it. The IA transaction code changes extended costs for all items, using the current extended cost and adding the new inventory and quantity to it.