You can use the Recalculate inventoryform to recalculate an inventory on a specific date without actually closing the inventory. This creates adjustments to the original inventory transactions that are recorded as reversing transactions in the general ledger.

  1. Click Inventory management> Setup> Parametersto open the Inventory parametersform.

  2. Select the Inventory settlement – correctioncheck box to specify that the inventory settlement transactions are recorded as correction transactions in the general ledger.

  3. Press CTRL+S or close the form.

  4. Click Inventory management> Periodic> Closing and adjustment> Recalculationto open the Recalculate inventoryform.

  5. In the Recalculate inventory up tofield, select the ending date for the inventory recalculation.

    Note Note

    The Inventory settlement – correctioncheck box is automatically selected if you select the Inventory settlement – correctioncheck box in the Inventory parametersform.

  6. Click OKto recalculate the inventory on the specified date without closing it. The transactions are created as correction transactions in the general ledger.

    Note Note

    For more information, see "Recalculate inventory (form)" in the Applications and Business Processes Help.

  7. Press CTRL+S or close the form.

See Also