to select, the inventory abbreviation to be adjusted.Use this tab to enter adjustment details to costs for inventory parts for a specific inventory project.
Enter, or click to select, the inventory abbreviation to be adjusted.
The project associated with the selected inventory abbreviation is displayed in this field.
This field displays the project abbreviation ID associated with the selected inventory.
Enter, or click to select, the part ID to be adjusted. The description of the part selected is displayed below this field.
This field displays the last revision assigned to the part ID. However, you can enter, or click to select, another revision that exists for this part ID.
This field displays the part inventory unit of measure.
Use the fields in this group box to select a project/account/organization combination, an account/organization, or an inventory abbreviation to charge to for this cost adjustment.
Enter, or click to select, the project ID to be charged for this adjustment. The project must be active.
This field displays the associated project abbreviation to be charged for this adjustment. You can enter, or click to select, another project abbreviation.
Enter, or click to select, the organization to be charged for this adjustment. The organization must be active and a valid account/organization combination.
For GFM parts, Costpoint uses the project’s owning organization for organization security validation, if organization security is enabled.
This field displays the associated organization abbreviation to be charged for this adjustment. You can enter, or click to select, another organization abbreviation.
Enter, or click to select, the account to be charged for this adjustment. The account must be active. If you entered a project in the Project field, the account must be valid for that project. If you did not enter a project, the account must be a non-project account. The account should be an expense or non-inventory asset account.
Enter, or click to select, the inventory abbreviation ID to be charged for this adjustment. This inventory abbreviation must be an account type of E (Expense) or G (Government-furnished material). The project assigned to this inventory abbreviation is displayed.
Select this check box to prevent the dollar adjustment from being posted to the General Ledger.
Enter, or click to select, a valid reference 1 number.
Enter, or click to select, a valid reference 2 number.
Enter, or click to select, a valid reference 1 number.
Enter, or click to select, a valid reference 2 number.
If you entered a value in the Approval Amount Threshold field on the Configure Inventory Settings screen, and the total adjustment amount is equal to or greater than the approval amount, you must enter, or click to select, the approver for this transaction. If you do not enter an approver ID, the transaction will be flagged as an unapproved adjustment when posted.
If a dollar approval amount has been entered in the Approval Amount Threshold field on the Configure Inventory Settings screen and the Total Ext Cost Adj amount field on this screen is equal to or greater than the approval amount, Costpoint will ask you to enter the approval password (assigned in the Local Approval Password field on the Configure Inventory Settings screen) to perform this transaction. You do not need to make an entry in this field to save the transaction, but the transaction will be flagged as unapproved when the Inventory Journal is posted.
This field displays the unit cost for the part. You can update the unit cost on the Cost Elements tab.
This field displays the unit cost adjustment, which is the difference between the original total unit cost and the new total unit cost.
This field displays the inventory quantity affected by this cost adjustment.
This field displays the total extended cost adjustment, which is calculated by multiplying the Unit Cost Adjusted amount by the Qty Impacted.
Enter text regarding the transaction in this field.