3.5.1.� Miscellaneous Adjustment

To make a Miscellaneous Adjustment to the Quantity on Hand value for an Item, select the "Miscellaneous Adjustment" option. The following screen will appear:

Enter Miscellaneous Adjustment

Note

Use the Miscellaneous Adjustment utility to handle Inventory adjustments not covered by another transaction type—for example, Receipt from Purchasing, Receipt from Manufacturing, Scrap, etc. For a complete list of Inventory transaction Types, see Appendix�A, Appendix A.

When creating a Miscellaneous Adjustment, you are presented with the following options:

Transaction Date: Displays the current day's date.
Item Number: Enter the Item Number of the Item you want to create a Miscellaneous Adjustment for.
UOM: Inventory Unit of Measure.
Warehouse: Specify the Warehouse where the Miscellaneous Adjustment should be recorded. If an Item is located in more than one Warehouse, be sure to specify the correct Warehouse for the Miscellaneous Adjustment.
Adjustment Qty.: The number entered will adjust the Quantity on Hand for the specified Item. Field accepts positive and negative numbers. To enter a negative number, simply prefix the number with a minus symbol.
Relative: Select to make a relative adjustment to the Item's Quantity on Hand. The "Before" value, which represents current Quantity on Hand, will increase or decrease relative to the number entered in the "Adjustment Qty." field. The new Quantity on Hand value will appear beneath the "After" heading. Non-netable Quantity on Hand is not included in these values.
Absolute: Select to make an absolute adjustment to the Item's Quantity on Hand. The "Before" value, which represents current Quantity on Hand, will be changed to the new value entered in the "Adjustment Qty." field. This absolutely new Quantity on Hand value will appear beneath the "After" heading. Non-netable Quantity on Hand is not included in these values.
Document #: Creates a user-defined reference for the Miscellaneous Adjustment. The Document reference will be posted with the General Ledger (G/L) transaction record when the Miscellaneous Adjustment is generated. This field may be used for internal tracking and auditing purposes.
Comments: This is a scrolling text field with word-wrapping for entering Comments related to the adjustment.

To the far right of the screen, the following buttons are available:

CANCEL: Closes the screen without posting an adjusted value, returning you to the application desktop.
POST: Posts the adjusted value to the Quantity on Hand balance. Additional steps will be necessary if the specified Item is stored in multiple Locations. For more information, see Section�3.5.2, “ Topic: Distributing Multiple Location Control (MLC) Items”.