Increasing Inventory adjsutment dollar limit

[Former Member]

Hi,

I have a requirement wherein the user wants to increase Inventory Adjustment dollar limit for a profile. The user has given a profile which is to be used for creating a new profile for the Inventory Adjustment dollar limit.

Can you please tell me how to do it.

Thanks & Regards

Subhasis

[BijayKumarBarik]

Hi,

Inventory adjustment or Revaluation of a material due to:

A price change :If the material price no longer corresponds to the current market price, you can adjust it by making a price change.

A material debit or credit :If the stock value of a material is to be increased or decreased, you can make a direct credit or debit posting for this material.

At the beginning of the current period, the standard price was increased by $4/piece. Posting the goods receipt to a previous period causes the stock quantity and the stock value to change in both the previous period and the current period by 500 pieces and $4. So that the standard price remains unchanged in the current period, the system automatically makes a revaluation posting. This means that the price change at the start of the current period is taken into account: The stock value in the current period is increased by 500 pieces x $4/piece = $2,000 which hit revaluation gain/loss (UMB key )

Regards,

Biju K