Inventory(Atfa210), checking(ATFR210), and accounting adjustment(ATFA220) process

CONTENT

01. OVERVIEW

The goal of the inventory is to:

• collect the physical quantities
• the values referring to the asset
• perform the accounting adjustment, if necessary

The inventory process allows you to check if the physical quantity is in accordance with the quantity indicated in the System, or when a difference in the quantity or value of the good is detected. 

The inventory is performed in three steps:

1. Issuance of the inventory report (ATFR210) with the assets to be inventoried (highlighting value, quantity, residual value). It will leave blank spaces so that the physically surveyed data can be noted down.

2. If there are differences between the surveyed and registered assets, it is necessary to include the data physically obtained using the option "Inventory" in the registration menu.

3. After adding the data obtained through the differences, run the accounting adjustment (ATFA220)

02. EXAMPLE OF USE

This is an example of use: 

Precondition: 

Asset inclusion

Standard entry LP 828 configuration:

Step 1
Issue inventory report (Atfr210)

Step 2
Let's suppose that there is a difference of 2 in the Quantity surveyed and the one in the system, which is 10, then we will adjust it in the inventory record

Step 3
The accounting adjustment must be performed after adding the inventoried asset.

Issue the inventory report (ATFR210) to check the adjustment performed.

Important!

Make the accounting adjustment only if you find differences between the surveyed value and the inventoried value.

The accounting adjustment cannot be reversed or canceled

An asset cannot be inventoried more than once per month

Asset update after performing the accounting adjustment(atfa220)

03. TABLES

• Not applicable to this document.