Inventory Adjustments can be used to modify the value and/or quantity of stock in your business.

Some examples are:

• Damage
• Revaluation
• Stolen Goods
• Writing off stock
• Stocktake results

To add an inventory adjustment

1. Click the plus icon in the Main Menu.
2. Enter the Quantity and Item Code for the item you wish to adjust
3. Chose an Account. Often an expense account or a cost of sales account that indicates the accounting treatment for the loss of value
4. Enter the Unit Price to calculate the total amount for the line item. If you are trying to adjust the quantity on hand but the value has not changed then this may actually be zero.
5. Add more Inventory Adjustment line items as required until you have all the adjustments you need.
6. Save and close the transaction