Stock Adjustments

Overview

The Stock Adjustment model allows you to make Stock Adjustments on the fly from the Items Dashboard. When a Stock Adjustment is executed, a Transaction is created based on the Settings below. If the Quantity is adjusted up, a Receive transaction is created, if the quantity is adjusted down, an Issue transaction is created.

The Unit Price on the Adjustment Transaction will be taken from the Current Stock Price.

Settings

General Setting > Default: Transaction used for Inventory Adjustments - Select a Transaction

Transaction Settings

• Items & Inventory > Resolve - Receive, Issue

• Items & Inventory > Pricing - Inventory Issue 

• Accounting - If the Stock Adjustments need to update Accounting, the Debit and Credit Accounts linked to the Transaction need to be set up for a Receive transaction. The Accounts will automatically be reversed for an Issue transaction.