Item Decimal Places Currency & Inventory Adjustments


Q: From where does the Inventory Adjustment entry retrieve a product’s Decimal Places Currency value?

A: When we create a product, this value will be defaulted from the Functional Currency of that company. While entering an Inventory Adjustment for this product, the decimal places currency value will then be retrieved from the product master record.

I realized this when I faced an issue couple of days back. I got a requirement where, I have to facilitate an automated program that will replicate a product information (Master, Quantities/Site, Vendors, Currencies & Price List) from one company to another. Of course, with necessary changes that are specific to the destination company.

It worked merrily till both companies had functional currencies with same number of decimal places. I had to extend this program on to another company, whose functional currency supports 3 decimal places. Now you might have realized the issue. My program, quite honestly, was written with a hardcoded value of 2 decimal places.

When I created some products on my new company using this program, I could not enter Inventory Adjustments with 3 decimal places. It was always 2. Upon spending some time on this, I realized what I have mentioned at the start of this post. You cannot override this at all.

So those who write customization like what I have explained above, beware of all such nuances which will play very crucial role in day-to-day transactions.

VAIDY

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One thought on “Item Decimal Places Currency & Inventory Adjustments

  1. Pingback: Interesting Findings & Knowledge Sharing » Item Decimal Places Currency & Inventory Adjustments

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