Updating inventory variances
-
Select and click the Variance
Update link.
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Specify this information:
- Update
- Select Yes
to update inventory stock-on-hand quantities and to print the report. This
field is used to create Global Ledger
entries for quantity variances.
- GL Post Date
- Select the Global Ledger posting date. This date
indicates which Global Ledger period to post positive inventory adjustments
and count variances.
- Print Variances
- Select No
to print all item records with or without the variances.
- Delete Records
- Select No
to keep freeze records. To add variance reasons after update, do not delete
freeze records. Select Yes to delete
freeze records. You can delete freeze records if you have already explained
variances.
- Sort Option
- Select Page And Line
Number Sequence to sort on page and line number sequence.
Select Highest To Lowest Variance
Amount to sort on the highest to lowest variance
amounts.
-
In the Acceptable Accuracy Percentage section, specify up to three percentages if
the Select ID includes Movement Class 2
items.
-
In the Recount section, specify this information:
- Print Recount Tags
- Select Yes
to print recount tags.
- Print Recount Sheets
- Select Yes
to print recount sheets for frozen items with a variance.
- Print Freeze Quantity
- Select Yes
to print the freeze quantity.
-
In the Report Distribution section, select a distribution list and
export type for these reports:
- Inventory Variances Update
Report
- Recount Sheets
Report
- Recount Tags
Report
-
Click Submit.