Stock Adjustment
A Stock Adjustment is a process to correct inventory discrepancies by manually increasing or decreasing stock levels for specific items. This is essential for maintaining accurate inventory counts after events like damage, loss, or discovery of unrecorded stock.
To access the Stock Adjustment, go to: > Home > Application > Inventory > Operations > Stock Adjustment
How can I get Benefit ?
- Correct Inventory Discrepancies : We can easily recheck physical stock counts with system records.
- Flexible Adjustments: Easily increase stock for found items or decrease stock for damaged/missing items.
- Audit Trail: Maintain a complete record of all adjustments with reasons and notes for full traceability.
- Financial Impact Tracking: Automatically calculate the impact on inventory value based on MRP and Sale Price.
Properties
| Property | Description |
|---|---|
| Document Date | Auto-filled with the current date |
| Document No | Auto-generated unique adjustment number |
| Reference No | Enter an optional external reference number |
| Adjustment Type | Select either Increase or Decrease to define the nature of the adjustment |
| Reason | Enter the reason for the adjustment |
| Notes | Add any extra information or context for the adjustment |
| Scan Tag | Scan or enter the tag no |
| Quantity | Enter the quantity |
Status of a Stock Adjustment
- Authorised : This status indicates, that Stock Adjustment has been created and is Authorised.
Create a New Stock Adjustement
- Go to Stock Adjustment and click
Add New.
- Document Date and Document No will be auto-filled.
- Select
Adjustment Typeeither Increase or Decrease. - Scan the Tag or Enter the tag no in the scan tag field.
- Enter the Quantity in the quantity field.
- Products will appear in the main table with details.
- Add any notes and Reference no in the fields if required.
- You can mention the reason in the reason field.
- Click
Save & Authoriseto authorise the Stock adjustment.
info
Stock adjustments correct inventory records by adding missing stock or removing extra stock from the system.