Detail Adjustments (IC24.2)
Use Detail Adjustments (IC24.2) to adjust (add or subtract) available quantities in the Inventory Control application. Inventory adjustments represent transactions that cannot be classified as issues, receipts, or transfers.
Examples include returns, salvage, miscounts, theft, and damaged goods. Transactions are entered in this form by a user-defined document ID. Transactions are released (updated) to the Inventory Control application by document ID using the Release form action. This process lets you review and adjust transactions as many times as necessary before they are updated to inventory. When transactions are released, stock-on-hand quantities are updated immediately.
This form is similar to IC24.1 (Adjustments) where you enter item adjustments by item number and adjustment quantity. However, this form lets you override normal general ledger adjustment offset account(s) directly or by reason code. This form also displays the stock-on-hand quantity values before and after adjustments and lets you enter the item's last issue cost, additional comments, or specify an activity for tracking in .
More Information
If items are set up for lot or serial number tracking, this form walks you through required detail forms, IC29.1 (Lots) or IC29.2 (Serials). You must complete item detail forms before you can release a document. Otherwise, a message indicates out of balance. To access item detail forms after the initial transfer, you must view the document through this form. Then, select the Walkthru form action.
You can adjust multiple bin quantities for lot or serial number tracked items when this form transfers you to required lot and serial number forms. However, for normal items, you must enter each bin as a separate line transaction.
Before you can enter detail item adjustments you must enter the company, location, document code, received date/time, and general ledger posting date. Date/time fields default to the system date unless otherwise specified. The general ledger posting date indicates to which general ledger period to post transactions. You can post transactions to any general ledger period as long as the general ledger posting date is within 35 days (before or after) of the current inventory period end date defined in IC01.2 (Period End Dates). If the general ledger posting date is later than the current general ledger period, transactions remain on the general ledger file until the appropriate general ledger period opens. Transactions are passed to the General Ledger application by running IC130 (General Ledger Interface).