The Post Inventory Transactions application updates asset and distribution accounts, Item File quantity fields, and creates lot records with information entered in the Inventory Transaction Processing application if using batch transaction entry.
For T (transfer) type transactions, it will credit the "from" asset account and debit the "to" or transfer account. For I (issue) type transactions, it will credit the asset account and debit any distribution accounts specified in the transaction. For A (adjustment) type transactions, it will debit the asset account and credit any distribution accounts (for a positive adjustment). For R (receiving) type transactions, it will debit the asset account and credit user defined purchase account distributions. For L (adjust layer) type transactions, it will adjust the appropriate records in the layer file, but no G/L distributions will be made. For C (cost adjust) type transactions it will debit the asset accounts, credit the distribution accounts (for a positive adjustment), and adjust the appropriate cost field in the Item File.When this application is run, it will automatically generate an Inventory Transaction Processing Journal which details all updates to accounts and files.
Note: This application will only be used if I/M is set up for batch type inventory transaction processing. If the Online Update Inventory Trx ? flag in I/M Setup is set to Y, the system will not allow access to this application.
Select Post Inventory Transactions from the pull down I/M Processing window. The following screen will then be displayed:
Post Inventory Transactions Entry Screen
The following options are available:
* Select post from the Post Inventory Transactions menu bar.
* Enter the data requested on the screen.
To return to the menu bar, press the ESC or F10 key. To leave this application, press X for EXIT when positioned at the menu bar.
Entry Field Descriptions
Type and Description
Do You Want To Post At This Time ?
Y or N.
Enter Y to post or N to decline. Defaults to N.
Post Inventory Transactions