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Initializing an Event

Event initialization carries over the ending inventory from the previous event into the starting inventory of the event being initialized. It also adds advance transfers into the starting inventory and locks the product cost.

Do not cancel an initialization. If the counter stops, move the Event Initialization dialog box out of the way, take note of the error message and contact Oracle Customer Support immediately.

Figure 1-27 Event Initialization

This figure displays the Event Initialization Screen.
  1. Verify that all users are logged off of SimVen.

    SimVen must be closed on all PCs except the PC that is initializing the event.

  2. On the toolbar, click Pre-Event, and then click Initialize an Event.
  3. Verify that the current event appears in the Current Event field, enter or select the Next Event to initialize, ensure that the event description is accurate, and then click Click Here to Begin Initialization Process.

    Do not attempt to initialize the same event more than once. If there is a problem with initialization, you must create a new event code and re-initialize the event.

  4. Click Yes to confirm.