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Miscellaneous Transactions Form:

Navigation: Inventory TransactionsMiscellaneous TransactionPerform
Miscellaneous Transactions

Page will open

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Above screen shot illustrates the types of transactions that you can
perform with the help of Miscellaneous Transactions Form.

Lets assume that we are writing off damaged goods.

Well select the transaction type,

Enter the account against which you want to write-off goods; and
click on Transaction Lines.

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Enter Item to be written off

Enter Sub Inventory

Enter Stock Locator

Enter Lot Number

Enter Quantity and save your work.

You can notice here that in account field the account we entered at
header level is appearing. If we do not give account at head level,
here at line level credit account becomes compulsory.

In the similar manner you can receive the item also by putting
different transaction type.

Viewing Accounting Entries:

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Navigation: TransactionsTransaction Summaries View

Summarized Transactions

Page will open

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Select the sub inventory for which you want to view the summary.

Click on Transactions Details button.

Page will open

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Running Transactions register report:

Navigation: ViewRequestSubmit a new RequestSingle

RequestTransaction register

Select the Transaction type: XX_Damaged Goods Write Off and

submit the request

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The following will be the accounting entries:

Sub inventory accounts @ standard cost Dr

Entered General Ledger Account @ standard cost Cr

General Ledger Account is the account which you enter at the time of creating
Misc. transactions.

Using the Miscellaneous Transaction window: We can issue material from a sub
inventory to a general ledger account (or account alias) or receive material to a
sub inventory from an account or alias.