Note: This feature is limited to users with the Local System Admin role. See Admin: Add/Modify User Roles (Read Time: 1 min) for more information.
In Dx5 systems with Batch Costing turned on, a Total Inventory Value can be manually assigned to Value Added Products, or VAPs, with existing inventory. If the VAP has no existing inventory, the value will be generated after the first VAP Packaging job performed in Dx5. VAP costs are calculated using the values of the Finished Products and Supplies attached, so it is critical to make sure that those costs are correct to calculate an accurate Average Unit Cost when performing VAP Packaging jobs in Dx5.
If a VAPs Total Inventory Value or Average Unit Cost become inaccurate, the Total Inventory Value can be adjusted by following the steps below:
- Navigate to Inventory > Overview
- Locate the VAP in need of adjustment and click the Gold Product Name to enter the VAP Item Overview page
- From the VAP Item Overview page, navigate to Item Actions > Edit Product
- This action can also be found on the Inventory > Overview page via the blue arrows to the far right of the VAP Item - see screenshot:
- This action can also be found on the Inventory > Overview page via the blue arrows to the far right of the VAP Item - see screenshot:
- Click the "Adjust Total Inventory Value" box under the "Description" field
- Enter the new Total Inventory Value for the VAP inventory on-hand.
- Save the new Total Inventory Value; Dx5 will calculate and display the new Average Unit Cost based on this Total Inventory Value.
Note: If users have the QuickBooks Online integration enabled, the option to send the change in value to QuickBooks will appear on the Adjust Total Inventory Value form. This revaluation (if pushed to QBO) will effect COGS: Inventory Adjustments and Inventory:Bottled Spirit.
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