To adjust inventory for a store-use item:Store-use items are taken out of stock for internal use, customer samples, or charitable donations. Adjust your inventory to reflect any items taken out for these purposes.
To adjust inventory for a store-use item:
From the Whse Mgt menu, select Inventory Adjustment Entry to display the Inventory Adjustment Entry screen.
In the Date field, enter the current date and press Enter.
Select New to create a new adjustment.
In the Br # field, enter the branch or territory to which the product you are adjusting belongs.
In the Header Comment field, do one of the following depending on the Validate Inventory Adjustment Header Comments control maintenance record set up:
If set to Y, press F10 and select a pre-set header comment. The Header comment you select drives the selection of the general ledger account to which the adjustment posts. Use the G/L Acct hot key to change the G/L account and subledger account to which the adjustment posts.
The accounts defined in the Valid Inventory Adjustment Comments control maintenance record determine which G/L account the system uses. If no accounts are defined in this record, the system uses the Inventory Adjustment Charges account.
If set to N, enter your own header comment, such as Store Use or Sample.
Note: The system does not let you enter your own header comment unless the Validate Inventory Adjustment Header Comments control maintenance record is set to N.
In the Qty/Unit field, enter the negative quantity for the items you are taking out of inventory.
For example, if you are taking 10 light bulbs to use in your showroom, enter -10.
In the Product Description field, enter the product whose inventory you are adjusting.
At the prompt stating that you are affecting inventory levels and asking if you want to continue, enter Y to continue.
If necessary, use the Cmt hot key to enter a any general comments about the adjustment.
Use the G/L Acct hot key to view or change the general ledger account affected by this inventory adjustment.
In the G/L Account field, press F10 and select the new account type for using items for store use, such as Inventory Increase/Decrease and press Esc to return to the Inventory Adjustment Entry screen.
Enter a detailed notation about why the item is coming out of inventory and press Esc.
If the product is serialized, the Serial Number Entry screen displays.
Enter the serial numbers of the product or products you are taking out of inventory and press Esc until the Inventory Adjustment Entry screen is clear and the system saves your adjustment.
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