cancel
Showing results for 
Search instead for 
Did you mean: 

Want to make in stock qty Zero.

former_member261836
Participant
0 Kudos

Hello Everyone,

Thanks for all your response. Actually one of my client requirement is, their is one item in item master data in which he needs to make the in stock value zero, but it should not go to another warehouse or it should not effect G/L account. This is his requiremet please suggest your valuable views. Thanks and all your suggestions are appreciated.

Thanks You.

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Hi Vedanth,

When did you receive the item that time you all ready hit the inventory account means asset has been debit.

Now you have to credit this asset value it is basic accounting principal.

Now there are two way if you received this item through good receipt then you can use good issue.

If you received this item through GRNI then you can use good return.

Use can not skip accounting entries when you are doing inventory adjustment.

Thanks

M Imran

Former Member
0 Kudos

Hi Vedanth,

Kindly do the inventory revaluation of that item with zero value.

Thanks,

Harshal

frank_wang6
Active Contributor
0 Kudos

Inventory revaluation will affect G/L.

What's the purpose to make one item disappear in inventory? Why Inventory adjustment is not allowed in ur situation.

Are you trying to keep the Inventory G/L not touched, and just want to make this item disappear? If this is the case, you might have a simple way. Just make a special production order, and convert this item into another item. It basically transfer all values from this item to another item. The total Inventory G/L is not touched in the process. Obviously, there are some troubles in this approach, that's why I am asking why u want to achieve this?

Frank