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How to adjust stock for a particular inventory item?
Inventory Adjustment is used to synchronize the stock to account for things that occur outside the normal business like theft, damaged goods, data entry error etc.
To adjust stock for the item:
- Navigate to Inventory on the left sidebar.
- Go to Inventory Control in the top Module bar.
- Click Inventory Adjustments in the dropdown.
- Click +New in the top right corner of the page and provide the required details.
| Field | Description |
|---|---|
| Mode of Adjustment | Select the adjustment type as Quantity Adjustment To adjust physical stock count differs from the recorded item count |
| Reference Number | Enter a unique reference number for the adjustment. This helps you identify the record easily. |
| Date | Select the date on which the adjustment is created or recorded. |
| Account | Choose the account that should be used for tracking the adjustment. |
| Reason | Select the reason for making the adjustment. This helps in explaining why the quantity or value was changed. |
| Location | Select the item’s warehouse or location where the adjustment applies. |
| Description | Add description about the adjustment if required. |
| Attach Files | Upload related files if needed. |
- Select the items you want to adjust in the Item Table. You can view the available quantity.
- You can either enter the New Quantity on Hand or specify the Quantity Adjusted (for example, +10 or –10) Based on the value you enter, the other field will update automatically.
- Click Save as Draft or Convert to Adjusted to successfully adjust stocks.