Spoilage & Loss
Spoilages & Loss records the spoilage details of items in the inventory. Inventory items are tracked from the time they are received to when they are sold or used. Spoilages and loss track the discarded inventory items and recipes that, when not tracked, are a cause for inventory variances. Posting spoilages and loss removes those items from the inventory.
When posting spoilage and loss, inventory items must be depleted from its respective bins considering the priority.
When posting spoilage and loss for inventory items marked for lot tracking, users must either choose the preferred lot from the available lots or just post transfers without choosing any lot.
The Spoilages & Loss screen displays the following details:
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Total Spoilage - the total number of spoilages
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Approved Spoilage - the number of approved spoilages
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On Hold Spoilage - the number of spoilages on hold
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Denied Spoilage - the number of spoilages denied
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Cancelled Spoilage - the number of spoilages cancelled
A list of spoilages with the following details are displayed under All Spoilages & Loss:
Field |
Description |
---|---|
Spoilage and Loss # |
The system generated item spoilage number |
Reference |
Reference to the spoilage, if any. |
Post Date |
The date the spoilage was posted. |
Location |
The location the spoilage is reported. |
Approval Requirement |
The approval status of the spoilage. |
Remark |
Remarks, if any. |
Current Approval Level |
The current approval level status of the spoilage. |
Entered By |
The name of the user who posted the spoilage. |
Entered On |
The date the spoilage was entered. |
Last Edited By |
The user who last modified the spoilage. |
Is Process GL |
The status of the general ledger. |
Users can perform the following tasks under Spoilages & Loss:
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Creating spoilage and loss
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Viewing spoilage details
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Reversing spoilages
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Printing spoilages