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.