Chapter 7 – Stock Adjustment Transaction

This is to make adjustment to stock quantity and value.

1. To access Stock Adjustment, go to Stock > Stock Adjustment.

2. Click New to create a new Stock Adjustment.

3. (i) Create a Stock Adjustment for Package.

3. (ii) Create a Stock Adjustment for Value.

3. (ii) Create a Stock Adjustment for Quantity and Value.

Question:

Do I have to key in the value when creating a Stock Adjustment Reduce? Can I just enter the quantity reduced?

Answer:

When performing a stock adjustment reduction by quantity, the stock value does not matter because the system will obtain the unit cost according to the item’s costing method.

However, when performing a stock adjustment increase by quantity, you must specify the stock value so that the costing is correct.