MRP Inclusive Adjustments

You set up the MRP taxes as inclusive adjustments to create the tax amount in the general ledger and not affect the MRP amount. When you accrue adjustments to the general ledger, the system updates the Price Adjustment Ledger File table (F4074) and posts the adjustment to the appropriate general ledger account, but does not print the adjustment on the customer invoice. You must set the Adjustment Control Code on the Modify Adj. Controls form to Accrued to G/L.

The system processes the MRP inclusive adjustments as follows:

• Uses the current price as the MRP to calculate necessary taxes.

• Displays the adjustment in the Price History form, but does not apply the adjustment to the price.