Inventory Revaluation form Other Options

This tab contains information set up on the Inventory Revaluation Profile.

  1. Specify this information:
    Revaluation Pstg Perd Option
    This specifies which period is used as the revaluation posting period. Settings are: Same as Original Transaction; and Specified Period. The actual period is shown in the Revaluation Posting Period field.
    Revaluation Posting Period
    This specifies the actual revaluation period which is used for posting the revaluation transactions. This includes all accounting periods up to and including this revaluation period, and all accounting periods after the revaluation period are considered as current period.
    Revaluation Period Proc Option
    During revaluation, ledger transaction lines can be created to represent the revaluation values for all selected receipts and issues for the revaluation period ready for import to the Financials ledger. This field shows whether or not this processing is carried out.
    Revaltn Prd Rcpt Ldg Iface Dfn
    The ledger interface to be used for processing receipt transactions in the revaluation period.
    Current Posting Period Option
    This specifies which period is used as the current posting period. Settings are: Same as Original Transaction and Specified Period. The actual period is shown in the Current Posting Period field.
    Current Posting Period
    This specifies the actual period which is used as the current posting period.
    Current Period Proc Option
    During revaluation, ledger transaction lines can be created to represent the revaluation values for all selected receipts and issues for the current period ready for import to the Financials ledger. This field shows whether or not this processing is carried out.
    Revaltn Prd Iss Ldg Iface Dfn Current Perd Ldgr Ifce Option
    The ledger interface to be used for processing transactions in the current period.
    Current Prd Iss Ldg Iface Dfn
    The ledger interface to be used for processing issue transactions in the current period.
    Current Prd Rcpt Ldg Iface Dfn
    The ledger interface to be used for processing receipt transactions in the current period.
    Item Code Selection Option
    This specifies which items are to be included in the revaluation.
    Settings are:
    • All Items - all items are included in the revaluation.
    • Select by Ranges of Items - enables you to define ranges of items to be included in the revaluation. If this is set in the revaluation profile, any ranges of items defined are displayed on the item range tab. You can override these ranges by selecting the Item Selection action.
    Location Selection Option
    This specifies which locations are to be included in the revaluation.
    Settings are:
    • All Locations - all locations are included in the revaluation.
    • Select by Ranges of Locations - enables you to define ranges of locations to be included in the revaluation. If this is set in the revaluation profile, any ranges of locations defined are displayed on the location range tab. You can override these ranges by selecting the Location Selection action.
    Include Locked Locations
    If this is checked, all locked locations will be included in the revaluation.
    Include Quarantined Locations
    If this is checked, all quarantined locations will be included in the revaluation.
    Warehouse Selection Option

    This specifies which warehouses are to be included in the revaluation.

    Settings are:
    • All Warehouses - all warehouses are included in the revaluation.
    • Select by Ranges of Warehouses - enables you to define ranges of warehouses to be included in the revaluation. If this is set in the revaluation profile, any ranges of warehouses defined are displayed on the warehouse range tab. You can override these ranges by selecting the Warehouse Selection action.
    Post to Ledger Option
    If this is checked, the ledger transaction lines created during the revaluation process will be imported to the financials ledger. This is checked if one or both of the Revaluation Period Proc Option or Current Period Proc Option fields have been set on the revaluation profile.
    Update Standard Costs
    If this is checked, the standard costs will be updated as part of the revaluation process.
    Update Transaction Costs
    If this is checked, the transaction costs will be updated as part of the revaluation process.
  2. Save your changes.