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Transactions that affect inventory


Refer to the following table for an explanation of the transactions that affect inventory levels. The impact of the following transactions on specific items can be viewed in the Transactions by Item/Date and Item Details reports.

Transaction Definition
Accepted Receipt Receipt from a supplier that has been counted and assigned to a location.
Accepted Transfer Transfer from another site/stockroom that has been counted and assigned to a location.
Adjust Cost Adjustment made to an item's unit cost.
Adjust Qty Quantity that has been adjusted into (+) or out of (-) inventory.
Issue Quantity that has been issued to the factory.
Return Quantity that has been returned to the stockroom for any reason. Returns to stock are put back into inventory. Returns for repair, failed on install, and contract returns are sent back to the supplier.

 


Last updated June 7, 2000
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