Manage Stock Adjustments

Stock Adjustments is done when there is an increase or decrease in the quantity of inventory items in the warehouse (due to replenishment, reordering or a decrease in the original quantity of the inventory items caused by unusual events). It is made to amend the differences in the original quantity of the items.

 

 

 

 

 

 

 

 

Record Stock Adjustments

From the Inventory Module > Stock > Stock Adjustment > New Stock Adjustment

The Stock Adjustment form will be displayed.

Input details for your stock adjustment based on the table below:

Additional Information Section
Fields	Description
Date	Set on the current date. Select the date in the calendar to change from the default current date.
Adjustment Type	must be the same for all the items in the current location. Select In if the goods will increase in quantity. Select Out if the goods will decrease in quantity.
Reason	Select the Reason that matches the cause of the stock adjustment. The reaseon must be the same for all the items in the curret stock adjustment.
Item	Input the items to be adjusted here.
Location Code and Zone Code	Select from the Location Code and Zone Code's respective dropdown menus. Be guided by the Stock Type and Stock Levels from the Location and Zone selection menu.
Home Fax/Ext	Shows an alternate fax number.
Quantity	Enter the original quantity here.
Quantity After	Enter the original quantity here - if to be increased or decreased.

DEFINE STOCK ADJUSTMENT REASON

1. Inventory Module > Setup > Reason
   
   
   
2. The Reason Form will display.
   
   
   
   
3. Select a location in the list to display the Location Detail form.
   
   
4. Input a reason and a brief description of the adjustment.
   
   
5. Input the appropriate account code for the item to be adjusted, matching the adjustment reason you inputted in the previous item.
   
   
6. In the Active checkbox, enable the adjustment reason by putting a checkmark on the box.
   
   
7. Save your inputs before closing the form.
   
   

INACTIVATE STOCK ADJUSTMENT REASONS

From the Adjustment Reason Form, uncheck the Active checkbox to inactivate an adjustment reason.

 

DELETE STOCK ADJUSTMENT REASONS

From the Adjustment Reason Form, select the adjustment reason you want to delete and click on the Delete button from the menu bar to delete. Select Yes in the prompt to delete to confirm.

 

RECORD INVENTORY OPENING BALANCE

 

 

Maintain Stock Adjustments

1. From the Inventory Module > Stock > Stock Adjustment > Find Stock Adjustment.
   
   
   
   
   
2. The Stock Adjustment search bar will be displayed.
   
   
   
   
   
3. Select the stock adjustment record to display the Stock Adjustment form.
   
   
   
   
   

 

AMEND STOCK ADJUSTMENTS

In case of making an adjustment using the wrong adjustment type (Adjustment In instead of Out or vice versa) or simply want to undo the adjustment made, you can create a new adjustment that would reverse the first.

1. From the Inventory Module > Stock > Stock Adjustment > New Stock Adjustment. The Adjustment form is displayed.
   
   
2. Select the Adjustment Type that would negate the previous adjustment made and enter the same quantity to adjust e.g. select Out to create a negative adjustment to amend the previous adjustment.
   
   
3. Select the Adjustment Reason that matches the reason for the adjustment.
   
   
4. Save the details before closing the form.