Merchandise Receipt Adjustment

Overview

Go to CAS --> Transactions --> Inventory --> Merchandise Receiving --> Merchandise Receipt Adjustment

The user should be prompted to enter the original transaction number, the item UPC number that is to be adjusted.

The UI should have the following input: • Item UPC • Description • Receiving Cost • Modified Cost • Original Qty Received • Modified Qty • Original Freight • Modified Freight

Once the Transaction number is selected and the item/UPC entered, the application should return the values from the original receipt. The user should then be able to input modified values as appropriate, and a new receipt will be printed showing the adjusted totals and the net adjusted amount.

The net adjusted amount is calculated in the following manner: (New Quantity (Original if unmodified) * New Rate (Original if unmodified))+ New Freight(Original if unmodified) minus ((Original Quantity * Original Rate)+Original Freight)

The Adjusted Amount is then divided by the Inventory on Hand to get the adjustment per unit to the current cost.

Any vendor totals should be appropriately modified.

Access Access to this function at an enterprise level is limited by default to the System Administrator and Financial users only. Accounting, store managers, warehouse general managers as well as zone managers may modify merchandise receipt at Venues or Store assigned to them.