Adjust items by remaining variance

As part of a contract change, you can adjust items to final items and/or closeout the project. To adjust items by the remaining contract item variance:

1. After creating a contract change click on Details next to the contract change to make item adjustements and changes.

2. Click on the button ‘Adjust Zero’ that is at the top of the table ‘Adjust an Existing Item’.

3. Select whether to adjust all items in the contract, all items in a project, or selected items.

4. Select whether to adjust only instances where the transacted value is less than the contract, or where the transacted value is not equal to the contract value.

5. Determine if the adjustment will also lock items.

6. Click on Adjust.

The item quantities and corresponding funding breakdown will automatically be adjusted based upon the selected parameters and will show those values in the Adjustments table. Once the contract change is completed, the Item Record Account will be updated to lock items, if so chosen to do so in step 5 above.