INVENTORY ACCOUNTS

Use this screen to establish default inventory accounts to be used in the various inventory transactions. Account information is originally established in Costpoint General Ledger (Accounting » General Ledger).

Set up this screen when initializing the system and before processing inventory transactions, and maintain it whenever you need to change default accounts.

Default Adjustment Account/Orgs

This group box displays the default adjustment inventory accounts and organizations that are used for allocated and common inventory.

Allocated Inventory

This group box displays default adjustment inventory accounts and organization for allocated inventory. An example of allocated inventory is a non-common stock inventory project.

Account

Enter, or use the binoculars icon to select, the default charge account for quantity and cost adjustments for inventory allocated to non-common stock projects. This account must be a valid detail account, and an active account.

Organization

Enter, or use to select, the default organization for quantity and cost adjustments for inventory allocated to non-common stock projects. This organization must be a valid, active organization.

Common Inventory

This group box displays default adjustment inventory accounts and organization for common stock inventory projects.

Account

Enter, or use to select, the default charge account for quantity and cost adjustments for inventory allocated to common stock projects. This account must be an active valid detail account.

Organization

Enter, or use to select, the default organization for quantity and cost adjustments for inventory allocated to common stock projects. This organization must be a valid, active organization.

Default Scrap Account/Orgs

This group box displays the default scrap inventory accounts and organizations that are used for allocated and common inventory.

Allocated Inventory

This group box displays default scrap inventory accounts and organization for allocated inventory. An example of allocated inventory is a non-common stock inventory project.

Account

Enter, or use to select, the default charge account for scrap adjustments for inventory allocated to non-common stock projects. This account must be an active valid detail account.

Organization

Enter, or use to select, the default organization for scrap adjustments for inventory allocated to non-common stock projects. This organization must be a valid, active organization.

Common Inventory

This group box displays default scrap inventory accounts and organization for common stock inventory projects.

Account

Enter, or use to select, the default charge account for scrap adjustments for inventory allocated to common stock projects. This account must be an active valid detail account.

Organization

Enter, or use to select, the default organization for scrap adjustments for inventory allocated to common stock projects. This organization must be a valid, active organization.

Burden Options

Click this button to open the burden options subtask.

Table Information

Changes to this screen update the INVT_SETTINGS table.