Adj/Count Options Tab
Use the Adj/Count Options tab to enter adjustments, cycle/physical coun, and update last count date.
Adjustments
This group box displays various options that pertain to Costpoint Inventory, including the approval threshold and password for adjustments. The options in this group box do not apply to inventory transfers.
| Field | Description |
|---|---|
| Last Cost Adj Transaction ID |
Enter the last transaction ID for cost adjustments. Costpoint increases the number of the last transaction ID by one. To have transactions generate in correct numeric order, you must select a ceiling number not to exceed 10-digits. For example, if the highest number desired is 9999999999, enter zero as 0000000000; or if the highest number desired is IS-9999, and the last Transaction ID used was IS-124, that number should be entered as IS-0124. The system assigned transaction ID always increments from the right and only if the right most character is numeric (not alphabetic). For example, IS794123 becomes IS794124; 94-01234 becomes 94-01235; and IS9999999A does not increment. |
| Approval Amount Threshold |
Enter the dollar amount equal to or above the amount for which internal password approval is requested for quantity, scrap, and cost adjustments. If the dollar amount is zero, no approval is required. |
| Local Approval Password |
Enter the password that is requested before a user can perform quantity, scrap, and cost adjustments in any of the applications under the Adjustments menu, when the transaction value is equal to or greater than the dollar approval amount specified. This field is required when the Approval Amount Threshold field displays a dollar approval amount greater than zero. |
Cycle/Physical Count
| Field | Description |
|---|---|
| Auto load Actual Count Qty with Pre-Count Qty |
Select this checkbox to automatically load the actual count with the pre-count when a physical count is performed. If you clear this checkbox, the pre-count is not automatically loaded into the actual count. |
| ABC Classification by Warehouse |
Select this checkbox to enable warehouse level ABC classification for a given company. When this option is selected, parts can have different ABC classification codes for different warehouses. Cycle count frequencies and tolerances can also vary by warehouse. |
| Provide warning for parts with active Cycle Count | Select this checkbox to provide warning in various transactions if the part is currently included in an active count. |
Update Last Count Date
| Field | Description |
|---|---|
| Standard Physical Count | This defaults to selected to update the last count date for the warehouse/location for counts done via the standard physical count. If unchecked, counts done via a standard physical count will not update the last count date for the warehouse/location. |
| Inventory Transactions |
This defaults to selected to update the last count date for the warehouse/location if the transaction adds quantity to an existing row with a location quantity of zero (0), or adds a new row. If unchecked, inventory transactions will not update the last count date. This checkbox affects the following applications:
|