Hello,
 
We have recently begun bringing our DBA inventory counts up to date.  They have not been updated recently.  I am using IN-K - Adjust Physical Levels - to accomplish this.  The problem is, the module adjusts the value of our inventory and I don't have any pricing information for our the inventory that has been received since the last update. Is there a way to simply change the item amount, without affecting the value? The present inventory value is useless anyway.  Also, is there anything else I need to be aware of after letting the inventory go for so long? (We have been entering sales orders and purchase orders, but the purchase orders are recieved into a bulk materials account.)  
 
Sorry if any of this doesn't make sense, I really have no background in accounting or inventory systems.

Not true.  If the GL posting for Inventory adjustments is set to Y, then both IN-C and IN-K will post the amount of the adjustment to the GL, hitting Inventory and COGS.  If you are trying to avoid posting to the GL, set the AD-A flag for posting Adjustments to GL to N.

If most have no changes, then IN-K for the ones that do have changes would probably be easier.

IN-C and IN-K have the same end result (both post to Inventory and GL Transaction files) but have the following differences:
 
1.  IN-C allows entry of a transaction date.  IN-K posts the transaction as of the system date of the workstation when the entry is made.
 
2.  In IN-K, you enter the total on hand quantity and the program does the math to figure out the adjustment.  IN-C, you need to enter the adjustment amount (+ or -) to get from the current on hand to the counted quantity.  So if you count 10 and DBA says you have 8, in IN-K you enter 10 but in IN-C you enter an adjustment of 2
 
3.  IN-C allows you to add parts to stock at a different cost than what is already there.  IN-K simply increases quantity at the current average cost.