FrontAccounting forum — Zero/negative inventory handling

Re: Zero/negative inventory handling

null@example.com (kvvaradha) — Thu, 14 Jun 2018 13:38:40 +0000

I think, there is one more thing, we need to fix in void transactions.

When we try to void a GRN, and with that GRN void, if the inventory goes negative But the user didnt check the "Allow Negative Inventory". we have to prevent it by showing a warning, the inventory may goes negative.

Re: Zero/negative inventory handling

null@example.com (apmuthu) — Thu, 14 Jun 2018 02:25:54 +0000

Manually deleting such Journal entries should not cause imbalance..... but you will be blind to it later!

Re: Zero/negative inventory handling

null@example.com (mugao-em) — Wed, 13 Jun 2018 13:51:51 +0000

Thank you for the feedback, on my part i think FA should not compensate for it by creating journals, because these journals will cause a variance between Subledger and GL, and they cannot be explained to auditors.

Regards,
Mugao.

Re: Zero/negative inventory handling

null@example.com (kvvaradha) — Tue, 12 Jun 2018 17:52:04 +0000

The auto entries created, when the stock goes negative. If you disable the Allow Negative Inventory, the stock may go negative. the entries created to balance the GL entries

When you have 10 items from Purchase GRN and which has not placed Invoice and you made sales for 5 items and after that,if you void the GRN, the stock will go 5 items negative. When this situation comes the entries are created automatically.

Re: Zero/negative inventory handling

null@example.com (mugao-em) — Tue, 12 Jun 2018 13:19:27 +0000

What other circumstances would this journal be created? I have never ticked the "Allow Negative Inventory", and so far I have two Journals. How do i find out how the journal amounts were calculated?

This is in version 2.4.3

Regards,
Mugao

Re: Zero/negative inventory handling

null@example.com (apmuthu) — Thu, 19 Mar 2015 15:52:02 +0000

Do you want to make it positive inventory only? Do you want to avoid recalculation after switching back from Allowing negative inventory? Then manually set the value in the sys_prefs table and config.php file.

Re: Zero/negative inventory handling

null@example.com (blurify) — Thu, 19 Mar 2015 14:08:23 +0000

Hi guys,

I'm sorry I'm so headache with this case. I have the same problem, "Allow Negative Inventory" has removed but I have "Zero/Negative Handling" journal in GL, how to handle this? would it be possible to make this Journal is gone in GL?

Thanks a lot

Re: Zero/negative inventory handling

null@example.com (juju) — Sun, 28 Aug 2011 10:33:09 +0000

What if memo journal equipped a description of the goods that are recalculation to make easier the inquiry,
Where "function in php / files" which handles auto journal negative inventory recalculation.

Thanks for sharing with me

Jujuk

Re: Zero/negative inventory handling

null@example.com (joe) — Sat, 27 Aug 2011 22:59:54 +0000

Hello,

If the Inventory has been negative for a while and you remove the 'allow negative...', FA will make a recalculation of values. This should be ok. You can test the Standard Cost in Items and Inventory tab.

/Joe

Zero/negative inventory handling

null@example.com (juju) — Sat, 27 Aug 2011 21:37:40 +0000

Hello FA

After I disable the "Allow Negative Inventory" in "System and General GL Setup" on GL Inquiry account I found the system entry automatically performed. on the inventory adjustment account with a memo "Zero / negative inventory handling"

What I want to ask
1. why did it happen and how the FA system is working.
2. if this is related to the inventory on goods where, so I can inquiry on the entry.

Thanks & Best Regard
Jujuk