Summary

Follow this process to reverse committed inventory transactions.

Step by Step

1     Create an Inventory Transactions batch.

2     Create the reversing transaction.

• The Enter Transactions (IC> Inventory Transactions> Enter Transactions) window will display all inventory transactions in the batch. If this is a new batch or there are no transactions in the batch the window will be empty.
• Click GENERATE REVERSING TRANSACTIONS to open the Generate Reversing Transactions window.
  • Enter an Item Number or click the field search button to select one from a list.
    • This will open the Item Selection window. Use the fields on the General, Location, Vendor, and Attributes tabs to filter the inventory items displayed in the data grid below. Select an inventory item and click the Select button   to return to the Generate Reversing Transactions window. The selected item will populate the Item Number field.
    • Inventory Items are created and maintained on the Item Maintenance window (IC> Maintenance> Item).
  • Click the Search button to populate the data grid with every transaction associated with the selected item that can be included in a reversal transaction.
    • You can also select a Transaction Type from the drop-down menu if you would like to filter the displayed transactions by transaction type.
  • Select a transaction and click the Select button to reverse the selected transaction. This will return you to the Enter Transactions window.
    • If the selected item is associated with an uncommitted Inventory Transaction batch, you will not be able to create a reversing transaction.
• Once the reverse transaction has been added to the Enter Transactions window, you can select the transaction and click EDIT to enter additional transaction details.

3     Calculate the inventory transaction values.

• Open the Calculate Values window (IC> Inventory Transactions> Calculate Values).
• The Calculate Values step will generate the new inventory values that will result from committing the batch.
• Click the Submit button to calculate the transaction values.
  • You will be notified of errors resulting from the calculation process and prompted to open detailed error messages in the jobs viewer.

4     Process the inventory transactions.

• Reversals will only display on the Item Maintenance window if the Show committed reversals toggle is checked.