Entry 5: Inventory Adjustments (Inventory)

Example entry 'Inventory Adjustments' in the 'Inventory Adjustments' journal after the action 'Inventory Revaluation'. Transaction type 17 Revaluation.

 


 

 

Inventory: Inventory Adjustments
   
 Transaction Type: 17 Revaluation
 Action: Inventory Revaluation
 Journal: Inventory Adjustments (36)
 Note:  
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 Rev mat (PL 1.4301KGW 2000X1000X3) 7400 (Revaluation Material) € 96,12 Debit 59 Revaluation Material Inventory Group
2 Inv mat (PL 1.4301KGW 2000X1000X3) 3000 (Inventory Material) € 96,12 Credit 25 Material Inventory Group

 

 

Explanation

  • Transaction Type = the journal entry resulting from the action has this transaction type.
  • Action = the action executed by the user.
  • Journal = the journal that is addressed.

 

Knowledge Center
Financial Entries Overview
How to Set Up Inventory Groups