Ledger Transactions Reference

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Revision as of 17:16, 1 November 2007 by Sichen (talk | contribs) (New page: __TOC__ ===Adjust Inventory Values=== When inventory values are adjusted, the value of the change in inventory value (quantity * change in unit cost) is recorded as a Debit to INVENTORY_...)
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Adjust Inventory Values

When inventory values are adjusted, the value of the change in inventory value (quantity * change in unit cost) is recorded as a Debit to INVENTORY_VAL_ADJ account and a Credit to the INVENTORY_ACCOUNT of the item being adjusted.

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