Reason Code
Reason Code can be numeric or alpha.
For details on the use of “codes”, see The Role of “Codes” in Online Advantage
Reason Name
Enter text to describe the stock adjustment reason. The name appears when selecting a reason in the manual stock transaction functions and may also be used as a filter for reporting and appear on ‘Stock Transactions by Reason’ reports as a group heading.
For more details on descriptions, see The Role of “Names & Descriptions” in Online Advantage
Default Account
Select an existing General Ledger Account to be used as a default posting account in stock transactions when this reason is selected. Entry of an account is not mandatory here. If there could be several General Ledger Accounts used for this stock movement reason and there is no one account that is used most often, then it may be best to leave this blank and have no default in the stock transaction entry.
Example of use: The reason you are issuing stock out of a location is because it is damaged, so your ‘damaged’ reason would have a stock write-off expense account against it so that when you enter the Manual Stock Issue transaction, the expense account is defaulted into the entry.
Reason is valid for:
Choose whether the reason is valid only for issues out, only for receipts in, or for both.
Stock Issues
If this reason is valid for stock issues (e.g. damaged stock or issuing stock for training purposes), select this option. When entering a Manual Stock Issue transaction, only reasons with this option selected are displayed for use by the operator.
Stock Receipts
If this reason is valid for stock receipts (e.g. found stock or receiving stock back from training purposes). select this option. When entering a Manual Stock Receipt transaction, only reasons with this option selected are displayed for use by the operator.