IM2400 Inventory Management Inventory Transaction Processing 7
Post Inventory Transactions
Application Overview
The Post Inventory Transactions application updates asset and distribution accounts, Item File quantity fields, and creates lot records with information entered in the Inventory Transaction Processing application if using batch transaction entry.
For T (transfer) type transactions, it will credit the "from" asset account and debit the "to" or transfer account. For I (issue) type transactions, it will credit the asset account and debit any distribution accounts specified in the transaction. For A (adjustment) type transactions, it will debit the asset account and credit any distribution accounts (for a positive adjustment). For R (receiving) type transactions, it will debit the asset account and credit user defined purchase account distributions. For L (adjust layer) type transactions, it will adjust the appropriate records in the layer file, but no G/L distributions will be made. For C (cost adjust) type transactions it will debit the asset accounts, credit the distribution accounts (for a positive adjustment), and adjust the appropriate cost field in the Item File.When this application is run, it will automatically generate an Inventory Transaction Processing Journal which details all updates to accounts and files.
Note: This application will only be used if I/M is set up for batch type inventory transaction processing. If the Online Update Inventory Trx ? flag in I/M Setup is set to Y, the system will not allow access to this application.
Run Instructions
Select Post Inventory Transactions from the pull down I/M Processing window. The following screen will then be displayed:
Post Inventory Transactions Entry Screen
The following options are available:
* Select post from the Post Inventory Transactions menu bar.
* Enter the data requested on the screen.
To return to the menu bar, press the ESC or F10 key. To leave this application, press X for EXIT when positioned at the menu bar.
Entry Field Descriptions
Name | Type and Description |
Do You Want To Post At This Time ? | Y or N. Enter Y to post or N to decline. Defaults to N. |
Screens
Post Inventory Transactions
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IM2400 Inventory Management Inventory Transaction Processing: Index
Due to the size of the document entitled "IM2400 Inventory Management Inventory Transactions Processing," we have separated it into several different sections in the Knowledge Base. What follows is an index listing the contents of each section, as ...IM2400 Inventory Management Inventory Transaction Processing 1
Processing Inventory Transaction Processing Application Overview The Inventory Transaction Processing application records several types of transactions that effect inventory. The I/M package offers the flexibility of two ways of recording those ...IM2400 Inventory Management Inventory Transaction Processing 3
Batch Processing If batch processing is selected, the application will record receivings, transfers, issues, and adjustments of inventory. When transactions are entered, they are stored in the Inventory Transaction File. Distributions to G/L are ...IM2400 Inventory Management Inventory Transaction Processing 2
Entry Field Descriptions Top Screen Entries The first three fields entered determine what further data will appear on the screen. Name Type and Description 1. Trx Type 1 alphabetic character. Only the letters R, T, or I are allowed. R stands for ...IM2400 Inventory Management Inventory Transaction Processing 6
Layer Adjustments For Lot Items If the item has lot numbers, the following fields will appear: Name Type and Description 6. Lot No 15 alphanumeric characters. Enter the lot number of the item being adjusted. Press the F7 key to search for lot numbers ...