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The Recalculate function was designed specifically for inventory methods LIFO or FIFO which have become corrupted due to improper use of the editing function on parts. A standard inventory method will never require the process described below.

This function is available should your part's on-hand or on-order amount not match the history of the transactions against the part. Signs of this problem would include not being able to charge out the amount you have on hand. If the system shows an on-hand amount but will only charge part of that amount, there is a disconnection between your transaction history and your on-hand amount. This situation can happen when the on-hand field is left editable in a non-standard inventory method.

If there is a discrepancy between your on-hand or on-order amount and your part history, the system will show you a page similar to the one below when you hit the recalculate link.

There will be a calculation of what the history shows the on-hand and on-order quantity to be in the Calculated Qty. column. Update the on-hand quantity so that it will match history. If the on hand is not what your inventory count shows, make an Adjustment to the on-hand quantity through the Adjustment link.