Adjust Inventory of Excise Assembly Items

Excise Duty Management  •  Article  •  4/29/2023  •  2 min

When you post an inventory adjustment for an excise assembly item, the excise data is recalculated. If an excise item is included in the assembly BOM and has no valid tariff group version, you get an error message.

Similarly, on the Excise Duty Setup page, if you set your reason code to be Required or Warning on the Reason Code on Inventory Adjustments field, you get an error message.

When posting an inventory adjustment for an excise assembly item, the excise duty ledger entries for the excise items in the assembly BOM are created.

  1. Select the Search icon , enter Items, and then choose the related link.
    The Items page opens.
  2. Choose an Excise Assembly Item from the list.
    The Item Card page opens.
  3. On the action bar, go to Actions > Item > Other > Adjust Inventory.
    The Adjust Inventory page opens.
  4. Change the New Inventory with the actual inventory quantity
  5. Choose OK.
    The excise duty ledger entries are created as positive or negative adjustments for all the excise items in the assembly BOM.