Lots |
The Lots tab for adjustments displays information about part lots recorded when the General tab of the Data -> Parts Items -> Setup -> Options screen specifies that the organization uses either the FIFO or LIFO inventory pricing method.
Tip: You can use the filter to restrict the information that displays to a specific part ID, part suffix, location ID, adjustment ID, or adjustment reason code, among others.
The Adjustments screen supports location-level access control, so you must belong to a user group with the applicable authorizations to make changes or updates.
The fields in the top section of the Lots tab define the data that displays.
Location ID
Identifier of the location at which the adjustment is to be made. The location must be a parts location, and you must be authorized to process parts inventory transactions at it. This field has a list box limited to parts inventory locations. The location description displays to right of the ID.
Locations are associated with site types on the Functions tab of the Data -> Setup -> Organization Structure -> Locations -> Primary Information screen.
Part ID
Identifier of the part for which to make the inventory adjustment. The ID is associated with the part suffix. This field has a list box limited to parts stocked at the location from which you are issuing or for which you are ordering. The part description displays to the right of the ID.
If you enter a valid cross-reference entry for the part ID/suffix, it is automatically converted to the appropriate part ID/suffix. If more than one valid part ID/suffix is associated with the cross-reference part ID, a list of valid part ID/suffixes displays from which to choose.
Part IDs and suffixes are defined on the Basic Info tab of the Data -> Parts Items -> Primary Information screen. Part cross-references are defined on the Data -> Parts Items -> Cross-references screen.
Part suffix
Number associated with the part in the Part ID field, which distinguishes it from other parts with the same part ID. This identification applies only if the part ID is a valid part ID.
Adjustment ID
Numeric identifier of the adjustment. Assigned automatically. Display only.
Manufacturer part number
Part number assigned by the manufacturer. If parts are tracked BY LOCATION, CENTRALLY, or ENTERPRISE, this field auto-populates when a part ID and suffix are entered. This field is display only.
Note: If there is a check in the Allow update of manufacturer data on Parts - Primary Information screen if not managing ordering and EOQ values CENTRALLY field on the General tab of the Data -> Parts Items -> Setup -> Options screen, data displays from the parts primary record. If that field is blank, data displays from the parts location record.
Manufacturer name
Name of the part manufacturer. If parts are tracked BY LOCATION, CENTRALLY, or ENTERPRISE, this field auto-populates when a part ID and suffix are entered. This field is display only.
Note: If there is a check in the Allow update of manufacturer data on Parts - Primary Information screen if not managing ordering and EOQ values CENTRALLY field on the General tab of the Data -> Parts Items -> Setup -> Options screen, data displays from the parts primary record. If that field is blank, data displays from the parts location record.
Data in the fields on the bottom section of this tab display the information about part lots. Unless otherwise indicated, these fields are optional.
Lot number
Sequence number of the lot. Must be a valid number if specified. All types of adjustments may be made against the lot.
Quantity on hand
Quantity of the part on hand in the lot number (in issue units).
Unit price
Price for the part in the lot number per issue unit, at the location.
Value on hand
Total value of the part in the Lot number field.
Receipt date
Date of the receipt of the parts in the Lot number field.
Quantity original
Original quantity of the part in the Lot number field.
Value original
Original value of the parts in the Lot number field.
Expiration date
Expiration date of the lot in MMDDYYYY format. For information purposes only.