System ➔ Logistics ➔ Revaluation
In this screen, you can revalue inventory. Revaluation is done after you have reconciled the receipts and completed the inventory valuation. In closed periods, your fulfillments are not corrected during an inventory valuation; therefore you need to do an inventory revaluation to correct that. The stock revaluation will balance the value on your ledgers with the stock value according to the selected valuation method.
The information in this document is applicable to product update 417 and higher. If you have versions lower than this, certain features explained here will not be applicable.
This check box if you have selected the Valuation method per item check box under Inventory settings at System ➔ General ➔ Settings. This check box is not enabled.
The valuation method selected is the method defined at Valuation method under Inventory settings at System ➔ General ➔ Settings. This field is not enabled. The following methods are available:
Type or select a date to complete the project(s) or project order(s) on this date.
Select one assortment or more to perform the stock revaluation on items that are linked to the selected assortment(s). The number of assortments displayed depends on the number of assortments defined at Order ➔ Items ➔ Assortments or under Item data settings at System ➔ General ➔ Settings.
Type or select a date to revaluate inventory transactions registered on and before the transaction date. Transaction dates are the actual dates of the inventory transactions.
Note: Transaction date is available only if Date is selected at Check: Closed periods under General settings at System ➔ General ➔ Settings.
Type or select a date to revaluate inventory transactions registered on and before the reporting date. Reporting dates are the dates the inventory transactions are recorded in the general ledger.
Note:
Select this check box to perform stock revaluation on items with zero revaluation value on the Revaluation screen (after you click Start). Revaluation lines will be created for the items with zero revaluation value if you have also selected the Stock valuation as from last revaluation check box under Inventory settings. Otherwise, no revaluation line will be created.
Select this check box to perform the revaluation for the stock right from the first transaction until the revaluation date. This is done to ensure that the revaluation is performed correctly when the selection at the Stock valuation as from last revaluation check box at the Entry section at System ➔ General ➔ Settings, under Inventory settings is changed.
Note: When this check box is selected, the Include items with zero revaluation value check box will be automatically selected and is not enabled.
Click this to start the revaluation process. For more information, see Performing stock revaluations.
Note: When the total number of items that need to be revalued exceeds 9999, a message "Process revaluation : By batch?" will be displayed. You can click Manual to begin the manual process of revaluation, Automatic to begin the automatic process of revaluation, or Close to cancel the process. The manual revaluation process allows you to verify the values and select the items to revalue. As for the automatic revaluation process, all initializing, validating, and revaluation of items will be performed in batches automatically and the process cannot be cancelled once it has started.
Click Advanced to display the advanced setting. Click Simple to hide the advanced setting.
Note: This is available only if you have selected the Stock valuation as from last revaluation check box at the Entry section at System ➔ General ➔ Settings, under Inventory settings.
Click this to exit.