General Ledger Inventory Control
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Auto-Value Adjustments occur when Inventory items move from a negative stock quantity back to zero or to a positive quantity via some form of Stock Receipt (i.e. Purchase Receipt, Manufacturing Receipt, Transfer Receipt, Manual Stock Receipt). Since an Inventory item cannot and does not have a Stock Value when it is in negative, it has […]
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Financials General Ledger Inventory Control Purchasing
There are a number of Cost of Sales postings that can can occur in Online that fall outside of the “normal” postings for Cost of Sales (COS) or Cost of Goods Sold (COGS). These transactions only occur in specific circumstances or when you choose to make them (in the case of “Manual” adjustments. Whilst they […]
Inventory Control Release 8.1
Stock Reason tracking has been added to the Inventory Management system allowing users to setup and record the reason manual stock issues or receipts are made. The additional benefit of this is the ability to record default accounting postings for these reasons so you can be assured that transactions are being posted to the correct […]