Update ABC Code

Form ID: (IN506000)

You can use this form to make mass changes to the ABC codes assigned to the inventory items in a selected warehouse, assigning each item a specific ABC code based on the stock value of the item in the chosen financial period and the code definitions. The system arranges items by decreasing percentages in total stock value, calculates subtotals for each item (starting from the top of the list), and assigns projected ABC codes in accordance with the code threshold percentages. For details, see Inventory Ranking Methods.

On this form, you can view the list of inventory items with their current and projected ABC codes, and update the ABC code assignments for the listed items. Fixed ABC codes assigned to items on the Stock Items (IN202500) form are not reassigned during this processing.

You define the ABC codes for your site by using the ABC Codes (IN208500) form. Initially, you can manually assign ABC codes to items at a specific warehouse on the General tab of the Item Warehouse Details (IN204500) form.

Form Toolbar

The form toolbar includes standard and form-specific buttons and commands. For the list of standard buttons, see Form Toolbar and More Menu. The form-specific commands are listed in the following table.

Selection Area

In this area, you select the warehouse where the ABC code assignments will be updated and the financial period used to provide cost and stock value statistics for assigning ABC codes to items.

Table

The table shows the read-only list of items available in the selected warehouse for which ABC code assignments will be updated, based on the data of the chosen financial period. If no data is available for the period, the lowest code is assigned to all items. Assignment of codes is performed automatically and cannot be edited by using this form.

The table toolbar includes only standard buttons. For the list of standard buttons, see Table Toolbar.