Review of setups for inventory control balancing
Review these setups and administrative options before you balance any inventory accounts. Depending on your application, the setups may affect inventory valuation. The selections that you made during your implementation phase determine how your inventory is valued and how you balance inventory to the General Ledger.
| Function | Field or option |
|---|---|
| SA Administrator Options-Products-Defaults | Product Category |
| Over Fill Tied Order Qty With Receipt Qty - PO Receipts/WT Receipts: PO Receipts and WT Receipts | |
| SA Administrator Options-Products-Costs | Post to G/L by |
| Include Addons | |
| Roll up Serial/Lot Costs | |
| Balance Sheet | |
| Income Statement | |
| Post Cost of Goods Adjustment in Costing | |
| COGS Adjustment To | |
| Use FIFO | |
| Product GL Distribution Setup - Extended | Balance Sheet Accounts |
| SA Administrator Options-Documents-Sales Orders-Entry Settings | Division # Default From |
| SA Administrator Options-Documents-Purchase Orders-Entry Defaults | Order or WT Required When Nonstock Item Entered on PO |
| SA Administrator Options-Documents-Purchase Orders- Accounting | Capitalize |
| Capitalize Order Discount | |
| Distribute By | |
| SA Company Setup | Divisional |
| SA Operator Setup-Other Options-General Ledger | Inventory Control Account Codes |
Divisionalized accounting
When the system determines which account to use for the given Product Warehouse Product Setup Balance record or product category, the Division from the Product Warehouse Description Setup record is used if Divisional is selected in SA Company Setup.
If Warehouse or Both is selected in the Balance Sheet field in SA Administrator Options-Products-Costs, the Product GL Distribution Setup distributes to the balance sheet by a single division.
If Product Category is selected, the Product GL Distribution Setup records in the trial balance are displayed multiple times, once for each division in the range printed. Similarly, SA Operator Setup-GL is displayed multiple times, once for each division in the range.