Creating an Inventory Correction Transaction
Process
The Inventory Correction (IC) is used in the event when adjustments to quantities are not available on the standard inventory adjustment transaction. Access to Inventory Correction functions is highly restricted as actions performed can cause downstream transactions not to process correctly. It is the intention of this job aid to be used as a last resort where there is no other way to adjust quantities associated with reserves, releases, in transfer, backorder, currently requested, or on-order.
It is required when creating an inventory correction transaction, that auto numbering be utilized. The following information is required when creating an Inventory Correction transaction:
1. Enter IC in the Global Search field.
2. Select Create
3. Create Transaction
Enter Dept in the Dept field
Check mark the the auto numbering field
Select Continue
4. Under the Header section, on the General Information tab, enter the Transaction Name, Record Date, Transaction Description, and Warehouse.
5. Click Commodity from the Transaction Navigator
General Information tab, select Insert New Line
Insert new line by Selecting the + sign
Enter Stock Item, Stock Item Suffix (if used)
6. Click the Adjustment Information tab.
One of the following six situations regarding changes in Inventory must be selected from:
Reserved Quantities, Released Quantities, In Transfer Quantities, Backorder Quantities, Currently
Requested, On Order Quantities
Enter the Adjustment Code
7. Select Save
8. Select Validate and Submit
