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Update Inventory Cost SOP

This standard operating procedure outlines how to update item cost layers in inventory. Users can access the form through the provided navigation and input new costs, then save the transaction. The accounting department should be contacted for the proper adjustment account to use when revaluing materials to the new cost.

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632 views1 page

Update Inventory Cost SOP

This standard operating procedure outlines how to update item cost layers in inventory. Users can access the form through the provided navigation and input new costs, then save the transaction. The accounting department should be contacted for the proper adjustment account to use when revaluing materials to the new cost.

Uploaded by

api-3717169
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Standard Operating Procedure:

Update Item Cost Layers


Revision: 001 Release Date: 09/20/2006

This explains how to perform a cost update. This will revalue the material in inventory to the new
cost. Use the navigation below to access the form. Contact accounting for the proper adjustment
account.

Once you hit Continue, the screen below appears and you can input the new cost. Save your
work to process the transaction. If you need more details, use the Windows Help screen.

Confidential Page 1 2/10/2008

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