Review of setups for inventory control balancing

See Precautionary review of setups and stored reports.

After the precautionary review, review these setups and administrative options before balancing any inventory accounts. These setups may affect inventory valuation. The selections you make during your implementation phase determine how your inventory is valued and how you balance inventory to the General Ledger.

Function Field
SA Administrator Options-Products-Defaults Product Category
  Over Fill Tied Order Qty With Receipt Qty - PO Receipts/WT Receipts
SA Administrator Options-Products-Costs Balance Sheet
  Income Statement
  Post Cost of Goods Adjustment in Costing
  COGS Adjustment To
  Use FIFO
  Post to G/L By
  Include Addon
  Roll Up Serial/Lot Costs
Product General Ledger Distribution Setup Balance Sheet Accounts
SA Administrator Options-Documents-Sales Orders-Entry Settings Division # Default From Warehouse/Customer
SA Administrator Options-Documents-Purchase Orders-Accounting Capitalize Addons
  Capitalize Order Discount
  Capitalize at Receiving/Costing
  Distribute by Unit/Amount /Manually
SA Administrator Options-Documents-Purchase Orders-Entry Defaults Order or WT Required When Nonstock Item Entered on PO
SA Administrator Options-Customers-Defaults Use Customer Statement Income Accounts
SA Company Setup-Required-Settings Divisional
SA Operator Setup-Other Options-General Ledger Inventory Control account codes

Divisionalized accounting

To determine 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 by the system if the Divisional option is selected in SA Company Setup-Required.

If the Balance Sheet option in SA Administrator Options-Products-Costs is set to Warehouse or Both, the Product General Ledger Distribution Setup function distributes to the balance sheet by a single division.

If the Balance Sheet option is set to Product Category, the Product General Ledger Distribution Setup records in the trial balance are displayed multiple times; one time for each division in the range that is specified. Similarly, SA Operator Setup-Other Options records are displayed multiple times; one time for each division in the range.