You can use the Adjustment of on-hand inventoryform to adjust the cost value of entire on-hand inventories. This process recalculates transactions and adjusts the transactions to the original inventory transactions. These are accounted as reversing transactions in the General ledger. In addition, the inventory settlement transactions are posted as correction transactions.

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

  2. On the Generaltab, select the Inventory adjustment – correctioncheck box to specify that the inventory adjustment transactions should be accounted as corrections to the General ledger.

  3. Select the Inventory settlement – correctioncheck box to specify that the inventory settlement transactions should be accounted as corrections to the General ledger.

  4. Press CTRL+S or close the form.

  5. Click Inventory management> Periodic> Closing and adjustment> Adjustment> On-handto adjust the cost value of on–hand inventory items.

    Note Note

    For more information, see "Adjustment of on-hand inventory (form)" in the Applications and Business Processes Help.

  6. Press CTRL+S or close the Closing and adjustmentform.

See Also