Contents of the Configure Inventory Accounts Screen

Use the fields and options to configure the Configure Inventory Accounts screen.

Adjustment Account/Orgs

This block 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.

Field	Description
Account	Enter, or click 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 click 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.

Field	Description
Account	Enter, or click 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 click 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.

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.

Field	Description
Account	Enter, or click 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 click 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.

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

Burden Information

This group box displays the default inventory burden options.

Burden Rate Default

Use the selections in this group box to specify the type of burden rate to use when calculating inventory burden amounts.

Field	Description
Target Rates	Select this option to use target burden rates to calculate inventory burden amounts.
Actual Rates	Select this option to use actual burden rates to calculate inventory burden amounts.

Raw Material Burdening

Use the selections in this group box to specify when to include burden as inventory costs for raw materials inventory abbreviations.

Field	Description
Do Not Burden Raw Material	Select this option if you do not want to include raw material burden in inventory costs.
Burden Raw Material at Issue	Select this option to include raw material burden amounts when the material is issued to a Manufacturing Order (MO).
Burden Raw Material at Receipt	Select this option to include raw material burden amounts in inventory when the material is received.

Raw Material Asset Burden Variance

This group box displays default asset burden variance inventory accounts and organization for raw material.

Field	Description
Account	Enter, or click to select, the default charge account where all asset raw material burden variances are posted. This account must be an active valid detail account; this account cannot be a project account.
Organization	Enter, or click to select, the default organization to which all asset raw material burden variance post. This organization must be a valid, active organization.

Project WIP Asset Burden Variance

Use this group box to specify where project WIP asset burden variance is posted.

Field	Description
Account	Enter, or click to select, the account to be used when posting project WIP asset burden variance amounts.
Organization	Enter, or click to select, the organization to be used when posting project WIP asset burden variance amounts.
Move Burden Costs when Issuing/Transferring Inventory from Expense Projects	Select this check box to transfer calculated expensed burden costs from original inventory abbreviations to new projects when performing an inter-project issue or transfer. If this box is clear, the expense burden amounts recalculate using the burden rates of the new project.
Default WIP Account Flag for Expense Inv Abbrevs	Select this check box to provide default new finished goods expense inventory abbreviations to use separate WIP and finished goods accounts and orgs for each cost element. When this check box is selected, MO costs hit the WIP account/orgs. Finished goods account/organizations are not updated until parts are relieved. This option is only available if you select the Move Burden Costs when Issuing/Transferring Inventory from Expense Projects check box.