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Stock Adjustment (Gain/Loss)

Stock Adjustment allows users to correct inventory levels by recording gains or losses discovered during stocktaking or operational checks. This process ensures your system inventory matches the actual physical stock.

Step-by-Step Process​

Step 1: Identify Discrepancy​

  • Conduct a physical stock count or receive reports indicating differences between system stock and actual stock.

Step 2: Create Adjustment Entry​

  • Access the Stock Adjustment module.
  • Select the warehouse or storage location where the adjustment is needed.
  • Enter the product details along with the adjusted quantity (positive for gain, negative for loss).
  • Provide reasons for the adjustment (e.g., damaged goods, theft, counting error).

Step 3: Approval (Optional)​

  • Submit the adjustment for managerial or system approval, depending on company policy.

Step 4: Confirm and Post Adjustment​

  • Once approved, post the adjustment.
  • Inventory records are updated immediately to reflect new stock levels.

Step 5: Review and Reporting​

  • Generate adjustment reports to track stock variance trends.
  • Use insights for improving stock handling and control processes.

How to Access​

Menu Path Stock Adjustment

Final Notes​

Regular stock adjustments help prevent financial loss and operational disruptions by keeping your inventory records aligned with reality.