Overview of Stock Adjustment
Stock adjustment, also known as inventory adjustment, is a process in inventory management where changes are made to the recorded quantity and value of items in a company's inventory. This adjustment can occur for various reasons and is essential for maintaining accurate and up-to-date inventory records.
How to adjust stock
- Navigate to stock adjustment
- Select New Stock Adjustment
- Select Date
- Select Adjustment Accounts
- Select Product
- Select Reason for adjustment
- Broken Stock
- Expired Stock
- Stolen
- Promotion
- Internal Usage
- Write-Offs
- Write-On
- Gifted Stock
- Donation
- New Stock
- Enter quantity of selected product you want to adjust
- Enter the cost price of the selected product
- Click Save