How To: Create a Cost Adjustment (Fix Calculated Cost)
The Cost Adjustments feature allows users to correct inaccurate calculated costs resulting from improper item management, ensuring consistent inventory valuation and reporting.
All client types can take advantage of this feature, though it is recommended to only be used by high-level or admin employees.
Employee permissions should be assigned according to each employee’s required level of access:
- Cost Adjustment List – Allows the user to view the list of all cost adjustments.
- Cost Adjustment Editor – Grants access to open and view the Cost Adjustment Editor.
- Set On Hand – Enables the user to update on-hand quantities within a cost adjustment.
- Change Effective Date – Allows the user to modify the effective date of a cost adjustment.
Figure 1. Employee Permissions related to Cost Adjustments.
- Go to Physical Inventory > Cost Adjustments.
- Select Create New Cost Adjustment.
- Click to highlight the store for the Cost Adjustment, then click Select.
- You will only complete this step if you have multiple stores in your Yellow Dog Inventory.
- In the Accounting Code drop-down, select the account.
- Enter a Description and Reference in the corresponding fields.
- Select Add Item.
- Search for and click to highlight the item, then click Select.
- In the New Unit Cost field, enter the new calculated cost.
- Select Save, then review the Cost Adjustment for accuracy.
- Select Commit.
- In the confirmation pop-up, select Yes Commit.
Related Articles
How to create a Full Physical Inventory
This document will review the full physical process – from creating and committing to reading the Detailed Physical Inventory Report. Creating a Physical Inventory 1. From within Yellow Dog select Physical Inventories under Physical Inventory 2. ...How do I manually adjust on-hands (track waste)?
Manually adjusting on hand quantities is used to correct discrepancies or changes in inventory levels that cannot be accounted for through regular transactions (sales, purchasing or physical inventory adjustments). Purpose of Manual Adjustments ...What is Variance Cost in the Physical Inventory Editor?
Q: What is Variance Cost in the Physical Inventory Editor? A: In Yellow Dog the column "Variance Cost" in the physical inventory editor is now "Estimated Variance Cost" . This is the variance quantity multiplied by the last calculated cost for that ...How do I create a Count Sheet?
1. Navigate to Count Sheets within the Physical Inventory module and select Create New Count Sheet 2. Select the store in question. *as a note count sheets are store specific 3. Enter a description for your Count Sheet (i.e. Walk-In Cooler, Dry ...Troubleshooting: How do I start investigating variances in my physical?
The first place to start investigating variances in your physical is an Item History report. This report will provide detailed information regarding when your item was purchased, received, manually adjusted, sold & inventoried. Variances are most ...
Popular Articles
How To: Find Your Yellow Dog Inventory Version
Understanding which version of Yellow Dog Inventory you're using is essential when exploring new features, as some enhancements and functionalities are specific to certain versions. All client types can benefit from knowing their Yellow Dog Inventory ...How do I use Par & Re-Order Points?
What is a Reorder Point? The minimum quantity you would like inventory of the item to be before ordering more. Items must go below this level to trigger reorder. Items set to 0 will not reorder until you go into negative stock. This is not ...Tips & Tricks: How do I download and install drivers for my Zebra Printer?
**As a note: Admin rights will be required to complete this task. If you do not have admin rights on your PC, please contact your IT for assistance** ZD410 Desktop Printer Support Site 1. Navigate to Drivers: 2. Select Zdesigner V. 5 Driver for ...How To: Swap the On-Hand/Parent Size (Edit Base Unit)
When managing items with multiple sizes, it’s essential to configure them correctly. The on-hand/parent size should always represent the base unit or smallest measurement, while additional sizes should be created for purchasing or counting sizes. If ...Food and Beverage Core Features User Manual
The Food & Beverage Core Functions User Manual is your key to understanding the potential of Yellow Dog. Whether you're a first-time user or a seasoned pro, this detailed manual will help you understand how to best utilize your Yellow Dog Inventory ...