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Warehouse location for Defects

Posted on by 24
Hi all, 
 
We have a DEFECTS warehouse location which we use to create returns on sales shipments. The items that are posted there have no value anymore. I'm pretty sure that I've seen that there is a checkbox to exclude all items in a specific location from being valued and included on the balance sheet. Have I been dreaming that or not? I jusst want to make sure that defective items will not be included in the stock value.
 
Thanks,
Raymond
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 73,339 Super User 2024 Season 2 on at
    Warehouse location for Defects
    As far as I know, there is no way unless you customize the report. However, even if it does not appear in Inventory Valuation, it will exist in General Ledger Entries. . . .
    Unless you use Financial Report and manually exclude this part of the value in it...

    Hope this helps.
    Thanks.
    ZHU
  • Suggested answer
    gdrenteria Profile Picture
    gdrenteria 12,065 Most Valuable Professional on at
    Warehouse location for Defects
    Hi
    I think you are referring to this functionality "Exclude item from adjustment" I hope it helps you.
    Exclude item from adjustment: Exclude the selected items from the cost adjustment process.
    Ensure accurate inventory valuation by controlling cost adjustment | Microsoft Learn
    Best
    GR

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