Watch this tutorial to learn how to: Adjust Stock.
Steps in this tutorial
- Stock does not only leave through the till. Things get damaged, expire, or go missing, and your records should say so.
- Open Modules and go to Inventory.
- Open the Inventory group.
- Click Inventory Management.
- This screen is every product you track, with what is on hand, what is held in customer carts, and what is really available to sell.
- Find the product that was damaged.
- This is the quantity before we touch anything.
- Every row has an Adjust button. Use it instead of retyping the quantity.
- Pick the reason. This is the whole point: months from now the report can tell you what damage actually cost you.
- How many units are involved. Four bags were damaged.
- A short note if you want to remember the detail.
- Apply it.
- The stock is down by four, and unlike a hand-typed number this change knows why it happened.
- Every one of those is filed as a document. Open Stock Adjustments.
- Open the Inventory group.
- Every one of those is filed as a document. Open Stock Adjustments.
- And it is valued at what the stock was carried at, so the loss is a figure and not just a missing quantity.
- The reasons are yours to edit. Rename them, or add the ones your own trade needs.
- Open the Inventory group.
- The reasons are yours to edit. Rename them, or add the ones your own trade needs.
- Damage, expiry, theft and a stock correction come ready to use. A pharmacy keeps expiry, a workshop adds "used on a job".
