BIM/LIM Accounts

The BIM/LIM accounts must be defined prior to using the Inventory Valuation Wizard. Accounts should be added where there are any existing balances or any that need to have balances entered. The accounts should be added for all required stages in the BIM or LIM cycle. Depending on the nature of the business, these required stages may include BROOD, GROW, CAPHEN, CAPMALE, LAY and/or SEMPROD.

1. In General>Period End>Inventory Valuation>Accounts, select BIM/LIM.
2. Click to add an account detail line.
3. Select the Suite ID. The options for BIM/LIM will be BMTS, LMTS or TMTS.
4. Select the Entity Stage. Available options are Brood, Grow or Lay.
5. Select the Location.
6. Select the Stage.
7. Select the Cost Object.
8. Select the Cost Element.
9. Repeat the process for all required accounts.