Costpoint Help

Close Inventory Fiscal Year

Use this screen to update the inventory year-to-date usage and past year usage quantities in the Inventory table. No report will be generated.

Run this process after entering inventory transactions for a fiscal year. It is not necessary for the inventory transactions to have been posted.


Display the Close Inventory Fiscal Year Screen

You access the Close Inventory Fiscal Year screen from the Materials domain.

Contents of the Close Inventory Fiscal Year Screen

Use the fields and options to configure the Close Inventory Fiscal Year screen.

Table Information for the Close Inventory Fiscal Year Screen

Changes to the Close Inventory Fiscal Year screen update several tables.


Parent Topic:

Inventory Utilities