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Stock Adjustments PowerPoint Presentation
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Stock Adjustments

Stock Adjustments

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Stock Adjustments

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  1. Stock Adjustments By MIS Department

  2. When are Stock Adjustments used? • Stock adjustments are used to add or remove inventory from a warehouse • Adjustments affect the cost of a style: • Positive (add units) uses the latest cost • Negative (remove units) uses the earliest cost • Therefore, stock adjustments should only not be made when moving units within or between warehouses. Use the RF Gun Transfer function instead. (Skip to Main Menu)

  3. Glossary of Training Terms • The following terms will be used throughout this training program: • Field: A box on the screen into which you enter information • Value: The information (data) being entered in the field. Example: Division number, FGPO number • Icon: An image you may click to perform a function such as select, submit or exit • (Single-)Click: Also “Select.” Hitting the left mouse button once.

  4. Sign On Enter your User ID and Password here Hit the Enter key to proceed Note: User ID and Password are initially assigned by MIS. You will be prompted to change it the first time you login. The password field IS case-sensitive.

  5. Welcome Press the Enter key

  6. RLM Main Menu Enter the Company number Type the line number from your menu for Order Entry Main 07

  7. Order Entry Main Menu Type “1” for Entry Functions and press the Enter key

  8. Order Entry Functions Type “6” for Stock Adjustments and press the Enter key

  9. Enter Security ID Enter the security ID assigned to you by MIS (usually your initials)

  10. Stock Adjustment Entry Screen Enter/Update the season and year in these two fields. Example: B 06 for Basic 2006 Enter/Update the Plant number (F21 to select) Enter the Style, FabWsh and Color. F21 after entering Style to search

  11. Select Style Type “S” on a line to select it and press the F2 key Type value(s) here and press enter to search

  12. Style Inventory Listing Other function keys may be used for Inquiries Type the Inseam/PP here and press Enter to perform the Adjustment

  13. Size Breakdown to Adjust Type the number of units to be adjusted (BY SIZE) and press Enter to update Press the “Field Exit –” key to enter a negative amount. Contact MIS if you don’t have or know the “Field Exit –” key on your computer

  14. Enter Reason Code, Log, Transaction Date Type the reason code (or F21 to select) Note: For startup inventory in a new company you MUST use the SI (Starting Inventory) code Enter today’s date Type a reference number

  15. Assign to Stock Locator Location Type P and press Enter to accept the locating of the unit(s) into ADJ ADJ ADJ (default) Type S on a line and press Enter to change its location for some or all units or… Type M on line(s) and press F12 to mass change the locations at once

  16. Assign to Location Type the new location for the unit(s) Type the number of units to be moved to this location and press Enter to submit

  17. Mass Assign to Coordinates Type the new location for the unit(s) Press F10 to update Note: Mass change will move ALL the units to this location!

  18. Adjustment/Assignment Complete! Press F2 twice to return to inventory listing

  19. Inventory Now in Stock! Notice the unit is now in stock!

  20. What Happens Next • The Inventory is adjusted to its new quantity • A cost sheet is created for the units adjusted: • Adjustments into inventory (+) use the newest cost • Adjustments out of inventory (-) use the oldest cost

  21. Stock Locator Inquiries • Detailed Receiving/Adjustment History (F12) • Unshipped Customer Orders (F15)

  22. Detailed Receiving/Shipping Inquiry (from F12)

  23. Open Orders for Style Inquiry (from F15)