Inventory Adjustments Setup

In order to reconcile reductions to inventory for events other than sales, some setup is necessary. Here is how you can enable Compeat to make inventory adjustments, which may be either Inter-Store Transfers or Waste/Donations.

Other inventory adjustments needing no setup include Adjust Posted Vouchers, Maintain FIFO Table, and Unship Inter-Store Transfer.

Setting up inter-store transfers

  1. Specify GL account numbers for an Inventory in Transit account and a Fulfillment Variance account of the Other Definitions' Accounts Payable tab.

  2. Specify two inter-company relationships between the restaurants involved in transfer (one relationship in each direction) on the Inter-Company screen of the Setup menu.

  3. Specify that each restaurant is a vendor by going to the Setup menu > Vendors screen and creating a new vendor for both restaurants, entering the restaurant's entity number in the "Entity# this vendor will represent" field. Also, each new vendor needs to be accessed by both restaurants. The easiest way to do this is to click the Add vendor to all restaurants button at the top of each vendor screen when you create the new vendors.

  4. Enable security access to the transfer screens by marking the "Inter-Store Transfers" checkbox under Inventory > Adjustments and the "Inter-Store Transfer Register" checkbox under Reports > Registers on the Screen Access Tab of the Security menu > Groups submenu for at least one group. By default, the security for these screens is turned off.

Setting up waste/donations

  1. Specify GL account numbers for Waste and Donations events on the Inventory > Setup >  Inventory Levels 1 and 2 screens for the categories of inventory in which Waste and Donations can occur.

  2. Enable security access to the waste/donation screens by marking the "Waste/Donations" checkbox under Inventory > Adjustments and the "Waste/Donations Register" checkbox under Reports > Registers on the Screen Access Tab of the Security menu > Groups submenu for at least one group. By default, the security for these screens is turned off.