SedonaSetup Application Inventory Setup Tables/Options
Inventory Setup Field Definitions
Inventory Setup
Warehouse – This is the default Warehouse for the system. When a new part is created, this warehouse will be the default location assigned to the part. This can be modified on each part.
Transfer Account – This is the G/L Account that will be used to transfer parts between Warehouses that belong to different Branches. (Think of this as the inter-company transfer account.)
Physical Adjustment Account – This is the G/L Account that will be defaulted for adjustments (either debit or credit) for Physical adjustments that will record to the general ledger when a Physical Inventory is completed or when a manual Stock Adjustment is performed. This is a COGS account type; it is highly recommended a separate G/L account be created and used for this purpose.
Negative Quantities – This option will determine if your company will allow on hand Part quantities to become negative.
Do Not Allow – The system will prevent the user from completing the transaction (except for parts used on Service Tickets).
Warning Message – The User will receive a warning message that the transaction being processed will cause the inventory balance to be negative, but will allow the user to complete the transaction.
Allow – The user will be able to process the transaction without receiving a warning message.