Great video. For anyone wondering the financial implication of the variance amount, it is posted to the Inventory Adjustment account setup on the General Posting Setup for the Product Group of the items used on the journal. The offset is the increase/decrease to the Inventory account at the Inventory Posting Setup for the inventory group of the item.

Great video! Thank you for sharing your knowledge🙂

Very good video , thank you very much GoDigit!!

Thank you for sharing this video. It has been very helpful.

Hi, I want to revaluate the cost price for the inventory as on 31st Jan 2024 and currently I am in May 2024. I don't want the new costing to affect the inventory after 31st Jan 2024. The item revaluation doesn't pull the inventory based on the posting date. Any idea?

Hello, This is pretty cool. I have a request or a scenario - Request you to let me know if there's an alternate option of the same. Purpose of Adjustment - Physical Count of Inventory (Audit) - Found discrepancies in Lot & Quantity. Want to use Item Journal / Adjust inventory option. (Specific Item and Lot) Issue Faced - Too many lines have been populated but without Item tracking line. Assigning Lot numbers to individual lines will be too time consuming. So is there any shorter way that while populating journal - Item tracking will come automatically ? or is there any other option for the same. I know it's absurd E.g. There might be too many lots in single item - Which to take - How would the system know etc. etc. So is there any way for the same ? Or is there any other alternative where i can put the lot on the line itself and it can get the same done ASAP.