Inventory Adjustment

The Inventory Adjustment tab allows you to adjust the condition, current value, costs and ownership of inventory Stock. Products or services that are available to buy or items that form part of a product or service. Where the item is tangible such as hardware, that item may be held in a warehouse as stock, or ordered directly from a supplier when a customer places an order.. You can also:

• Move inventory to another location in the same warehouse.
• Remove items from inventory for miscellaneous reasons.
• Add items to the inventory for miscellaneous reasons such as items that were previously thought to have been lost have been found.
• initiate a cycle count for an item master. You can initiate the cycle count for particular locations or for every available inventory location.

Warning:

We strongly recommend using the Miscellaneous Receipt and Miscellaneous Issue functions to adjust inventory position quantities. Manual adjustment of inventory position quantities is possible but will cause issues when receipts are reversed. Following a manual adjustment of an inventory position quantity, when a receipt is subsequently reversed, the original receipt quantity will reduce correctly for both single and multiple inventory positions created from the original receipt line. However, the associated perpetual and financial records will not reduce correctly.