RMS - Great Plains stock valuation questions

hi Shaun,

1. when you say the group level stock valuation, it is not the case yes it applies once you create the item in GP and assigned to it class then all the defaults it take from item class, like valuation so it is item to item bases plus item class base but it is just a template for an item.
2. regarding the store level work depends what have you have setuped you are are using FIFO, LIFO or average . I would say it global. in RMS you can have item with different prices and cost at the store level but once it come to GP it is company wide you can not monitor 3 different costs in one single item. however it does maintain this and calcuate the cost again depend what method you have used.
3. inter store transfer i mentioned the asnwer in previous post.
4. yes you can do the return to supplier but needs to integer as purchase return in GP which is not ture (as GP has already this feature but RMS not, it does consider it inventory adjustment, we do the same way and then change the financial accounts at the inventory level for the effect or you can once post the adjustment from RMS to GP delete there and then create PO return in GP.
5. return to supplier from HQ again inventory adjustment consideration.
6. you can perform inventory adjustment at anytime anywhere doesn't matter what store, cost price will depends on the valuation method you choose.

Akber Alwani

"Shaun" wrote: