Defining Inventory Cost Levels

Access the Item Master Revisions form.

Inventory Cost Level

Enter the level at which you want the system to maintain inventory costs. The system stores inventory costs with the inventory cost level in the Item Cost table (F4105). Values are:

1: Item level

2: Item/Branch level

3: Item/Branch/Location level

Lot Process Type

If you use actual costing and selected cost level 3, complete this field.

The lot process type is a code that indicates whether lot or serial number is assigned. Lot and serial number processes use the Lot Master table (F4108). Values are:

0: Lot assignment is optional.

You can assign numbers manually. Quantity can be greater than one. (Default)

1: Lot assignment is required.

The system assigns numbers using the system date in YYMMDD format. Quantity can be greater than one.

2: Lot assignment is required.

The system assigns numbers in ascending order using Next Numbers. Quantity can be greater than one.

3: Lot assignment is required.

You must assign numbers manually. Quantity can be greater than one.

4: Serial number assignment is optional except during shipment confirmation.

Quantity must not exceed one.

5: Serial number assignment is required.

The system assigns numbers using the system date in YYMMDD format. Quantity must not exceed one.