Set Up General Inventory Information

You specify your general inventory setup on the Inventory Setup page.

To set up general inventory information

  1. Choose the Lightbulb that opens the Tell Me feature. icon, enter Inventory Setup, and then choose the related link.
  2. On the Inventory Setup page, fill in the fields as necessary. Hover over a field to read a short description.

For detailed information about the costing fields, Automatic Cost Posting, Expected Cost Posting to G/L, and Default Costing Method, see Reconcile Inventory Costs with the General Ledger, Design Details: Inventory Costing, and Design Details: Expected Cost Posting. For more information about costing in general, see Managing Inventory Costs.

If you want to include warehouse handling time in the order promising calculation on the purchase line, you can set it up as a default for the inventory, on the Inventory Setup page, and for your location. For more information, see Calculate Order Promising Dates.

Note

The Automatic Cost Adjustment field is set to Always by default to ensure that inventory values are always correct in the general ledger, which in turn keeps your sales and profit statistics up to date. Cost changes from inbound entries, such as those for purchases or production output, are assigned to the related outbound entries, such as sales or transfers. This is helpful for new Business Central customers and small businesses with relatively low inventory transaction levels.

However, as a business grows and inventory levels increase, this can slow down system performance. To minimize reduced performance during posting, select a time option to define how far back in time from the work date an inbound transaction can occur to potentially trigger adjustment of related outbound value entries.

Alternatively, you can manually adjust costs at regular intervals with the Adjust Cost - Item Entries batch job. You can also turn off automatic cost posting or set the Automatic Cost Adjustment field to Never. In both cases, a notification displays from which you can start an assisted setup guide to help you schedule tasks for the job queue. Hover over a field to read a short description.

See Also

Set Up Inventory
Design Details: Costing Methods
Manage Inventory
Work with Business Central
Change Which Features are Displayed
General Business Functionality

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