Cost Adjustments (IC28.1)

Use Cost Adjustments (IC28.1) to change the unit cost of a receipt record after it is released (updated) to the Inventory Control application. Receipt records are created in the Inventory Control, Purchase Order, Order Entry, and applications. Cost adjustments are processed by company, location, item number, document type, document ID, and line number.

Receipt document types are listed below.

  • AJ = Adjustments
  • CR = Customer Returns
  • PI = Physical Inventory
  • RC = Receipts
  • RR = Requisition Returns
  • RT = Receipt Transfers

Processing Effect

This program changes the unit cost of a receipt record, adjusts the item's average cost, and creates the appropriate general ledger transactions to reflect the change in inventory value. After a cost adjustment is processed a CA (Cost Adjustment) inventory transaction type is created.

Note: You cannot do cost adjustments for purchase order receipts.
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