The Adjust Transfer Prices option allows users to manually apply or adjust the cost of a raw material item used to produce a finished goods item (like a fillet or a loin) which was created on a transfer from a whole fish used to produce the fillet or loin. It is used on the Settlement Report to calculate the cost of the whole fish as if it was sold and not the fillet or loin it produced. The Adjust Transfer Prices option takes the selling price of the fillet/loin net of the yield and calculates what the whole item sales value would have been had it been sold as the whole item and not transferred to the finished goods or sold item, in this case the fillet or loin.
Use Apply Transfer Prices to calculate the cost of the transfer for transfers made on a specific date.
By using the Adjust Transfer Prices option, the cost of transfers can quickly be adjusted. Users may either work down a list of un-priced transfers to quickly assign prices or adjust the cost of transfers that have already been priced.
Note: The Adjust Transfer Prices option can only be used for individually lotted purchase orders.
Available Actions | Using |
Security Required : System - System Administration
See Also |