Tuesday, March 30, 2010

GPTip42day - Writing Off Damaged Inventory


Prior to writing off Damaged (or In Service or In Use) inventory, you must transfer the quantity to write off to the On Hand Quantity Type

Inventory>Transactions>Transfer Entry

* click image to enlarge

After entering the item number, quantity to transfer, and Site ID, click on the Quantity Type button which opens the Quantity Type Entry window.  Select Damaged as the From Type and On Hand as the To Type,  Click OK.  (If the item is serial or lot controlled, the serial or lot selection window will open when you click OK).

Click Post.  The quantity will be transferred to On Hand, from where you can perform Transaction Entry to adjust the quantity out of inventory.

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