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Users can adjust the price of an inventoried product by
changing the order Line Amount on an order. Doing so creates a debit/credit
transaction on the line. The price of an inventoried product can be adjusted
for active order and on nay order in which payment has been received.
Note: Adjusting the Price is NOT
for the entire order, it occurs per line.
Adjusting the price can occur
for various reasons. Some reasons will come directly from management on when
to use the Adjust the Price feature. When using this feature a reason is
required for each transaction.
1. Locate the order
requiring the adjustment. From the Order Entry screen, click on the line that
requires an adjustment to be made.
2. From the screen
task category Work with Line Items, click on the Adjust the Price
screen task.
3. The
Price Adjustments window will appear. From the Price Adjustment section,
update the Adjustment Amount. This needs to be a negative number to
lower the balance.
4. Update
the Adjustment Reason as to why the revenue is being adjusted.
5. Click Save
to save the changes.
The line will adjust and the
balance will increase or decrease based upon the input. Verify the results on
the Resulting Price Details section.