Inventory Adjustment Posting Group screen

Use the Inventory Adjustment Posting Group screen to create posting groups for your inventory adjustment entries.

To open the Inventory Adjustment Posting Group screen, click Materials > Setup > Posting Groups > Inventory Adjustment Posting Group in the All Tasks pane.

ProContractor requires that you associate all entries with a posting group. All entries in a posting group are posted together as a single unit. Posting groups can help you organize the entry and posting process in your company.

Tip: For example: If your company has three people who are responsible for entering vendor invoices—Alan, Barb, and Carl—you might create three vendor invoice posting groups named ALAN, BARB, and CARL. When the invoices entered by Alan and Barb are ready to be posted, but the invoices entered by Carl are not ready, you could run the posting process for the ALAN and BARB groups. The invoices in the CARL group would remain unposted.

Posting groups can also be useful in payroll activities when you have more than one pay cycle open at the same time. You might create a payroll group for each pay cycle, so the posting group for this week's pay cycle might be Nov13 and the posting group for next week's pay cycle might be Nov20. If you wanted to begin entering time cards for next week, but you haven't yet posted the payroll checks for this week, you would enter the new times cards to the Nov20 posting group, leaving them unposted when you do eventually post this week's checks in the Nov13 posting group.

All posting groups have an associated status, which indicates the position of that group in the posting process.

  • Inactive - The posting group contains no entries. You can add entries to a group with Inactive status.

  • Entries in Process - The posting group contains one or more entries. You can add entries to a group with Entries in Process status. You can also modify entries in a group with this status since they haven't been posted yet. (Once you post an entry, you need to create an adjustment in order to make any changes.) When the posting process is complete, ProContractor sets the group status to Inactive.

ProContractor maintains a history for all posting groups.

Note: The Inventory Adjustments Posting Group screen is a step in the posting group setup process. The Inventory Usage Posting Group screen is the next step.