– Stock Adjustment helps decrease the goods held in stock. It’s used for manual stock adjustments, typically for writing off damaged stock or adjusting quantities after a stock take.
– To create a stock adjustment:
1. Go to “Add Stock Adjustment.”
2. Select the Business Location & date.
3. Choose Adjustment Type (Normal Or Abnormal).
4. Add the products & quantity you want to decrease.
5. Enter the Total amount recovered, if applicable.
– The quantities entered for each product will be deducted from the available quantities.
– Details of stock adjustments can be viewed in the “Stock Adjustment Report.”
– Stock Adjustment affects the Profit & Loss Report (P & L Report). “Total Stock Adjustment” amount is deducted from the P & L Report, and “Total Stock Recovered” amount is added to the Profit & Loss Report.