5 Create an Average Cost Adjustment
The Average Cost Adjustment page allows you to enter a new average cost for an item at a selected location.
Figure 5-1 Average Cost Adjustment Page
![Average Cost Adjustment window Average Cost Adjustment window](img/rms_fa_avcostadj.jpg)
The Average Cost Adjustment Page displays the following fields.
Table 5-1 Average Cost Adjustment - Fields and Description
Fields | Description |
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Item |
Enter, or search for the item for which you want to adjust the average cost. |
Location |
Select the location type (valid values are store and warehouse). Then enter, select or search for the location for which you want to adjust the average cost. |
Stock: |
This section allows you to view the item and pack item component on hand and in transit quantities at a location. Right side of the section header displays the UOM (unit of measure) for the stock quantities shown. |
Item - On Hand |
Displays the stock on hand of the item at the selected location. |
Item - In Transit |
Displays the stock of the item in transit to the selected location. |
Pack Item Component - On Hand |
Displays the stock on hand of the pack item component at the selected location. |
Pack Item Component - In Transit |
Displays the stock of the pack item component in transit to the selected location. |
Total |
Displays the total stock on hand of the item at the selected location. |
Adjust Average Cost: |
This section allows you to view the current costs of an item at a location and allows you to change the average cost. Right side of the section header shows the location currency. |
Unit Cost |
Displays the unit cost of the item at the selected location. |
Current Average Cost |
Displays the current average cost of the item at the selected location. |
New Average Cost |
Enter the new average cost for the selected item/location. |
Average Cost Adjustment Toolbar
The toolbar contains the following button, as well as icons and buttons described in “Screen Level Action - Icons and Buttons" in the Oracle Retail Merchandising Do the Basics User Guide.
Table 5-2 Average Cost Adjustment Toolbar - Icons/Buttons and Description
Icons/Buttons | Description |
---|---|
Tran Data button |
Opens the Transaction Data page. The item/location information is populated in the search criteria in the Search section. For more information about the Transaction Data page, see the "View Transaction Data" chapter. |
Save and Close |
Click Save and Close to save the entered records and close the page. |
Save and Create Another |
Click Save and Create Another to save the entered records and create a new average cost adjustment. The menu contains the following options. In both cases, the new average cost field is reset and the user has to enter a new value.
|
Adjust the Average Cost for an Item/Location
To adjust the average cost for an item at a selected location, follow the steps below.
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From the Tasks menu, select Finance > Average Cost Adjustment. The Average Cost Adjustment page appears.
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In the Item field, enter, or search for the item.
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In the Location field, select the location type from the list. Then enter, select or search for the location.
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In the New Average Cost field, enter the new cost for the item at the selected location.
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Then choose one of the saving options. For more information about the available options, see the Average Cost Adjustment Toolbar section.