This program prints an audit trail report and completes the posting to the General Ledger of any Inventory quantity adjustments for Rental or Sale products, entered via the following adjustment menu options:
The Inventory Adjustment Report lists product #'s and descriptions, location, division, quantity changes, cost changes, and the G/L Inventory Account.
Security Roles and a password can be
set on this program from Module Password.
The module name is RSIA10C.
For more information on this security feature refer to System Security Overview.
The prompts are:
Uncheck this box to assign an Inventory division now.
The 'Inventory Account' debited for the change in the inventory value, will be the G/L Inventory account assigned in the Rental Product Class or Sales Product Class associated with each product.
Uncheck this box to assign an Expense division now.
The G/L Expense Account used will be selected later.
Select Detail to post full Debit and Credit details to the G/L for each product.
Uncheck this box to post a specific adjustment type.
Click the ACCEPT button to begin printing the report, or CANCEL to abort.
If the data is correct and the report printed successfully,
click YES to accept it and to continue the post adjustments
process.
The option to post to the G/L or to post manually will be provided
next.
Click NO to prevent posting directly to the G/L.
These adjustments to the G/L should then be done as a journal entry
to ensure the Inventory sub-ledger matches the General Ledger.
These transactions will not print again.
If these Inventory quantities are being entered as part of Startup,
click NO to prevent duplicate posting, as the Inventory value will
be included in the complete Beginning Balances journal entry.
Click the YES button to initiate the posting to the G/L per the reported records. A second summary will print with the posting data.
If the report did not print successfully, or if errors are found, click NO to abort the posting to the G/L. The whole report can be regenerated and reprinted.
If the summary printed successfully and the data is correct, click YES to accept the report and to post these records to the General Ledger.
Posting Control
The Post Inventory Adjustmentsprogram is designed to be run
by one operator at a time.
Locking will occur if an operator did not exit the posting program
correctly.
A Posting Control Information warning
will appear on the screen and only operators with Security Role permission to reset the Inventory
Adjustments flag will have access to the RESET
button that unlocks the program.
Whenever the posting control flag for Inventory Adjustments is
reset, a record is written to the Delete
Log for the Function RSIA10L.
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