Stock Adjustments

Stock Adjustments

A stock adjustment is used to adjust stock for any number of reasons such as write-offs, stock-takes, donations etc. You can also adjust the value of a product via Stock Adjustments page.

In Unleashed, go to Inventory, Transactions, Stock Adjustments

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  • Click Add Adjustment

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  • Select the Reason for the Adjustment (this is for your reference only)

  • Enter the product you want to adjust

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  • Quantity: This is the quantity that you are adjusting by. You can increase it (e.g. 5) or decrease it by typing a minus before the number (e.g. -5)

  • Value: This value will automatically default to the adjustment quantity times your landed price however you can also override this and change it. You can also enter a value with no quantity if you only want to adjust the landed price.

When you enter a quantity of one, the value is per unit; it is taken from the Average Landed Cost for that product; i.e. $2.00. If a quantity of 10 is entered then the value shows as a total for all 10 items at $20.00. When a quantity and value is entered, then view it in the 'Global Values' section; this shows what effect that line has on the overall Quantity, Value and Average Landed Cost.

  • Comments: You can also enter any comments you like that relate to this adjustment so when you look back you can see all the details

  • Check the Global Quantity, Value and Average Landed Price before completing.

  • After adding all the stock adjustment lines you will be able to see them in the grid with the New Global Amounts updated. These are the amounts after this adjustment has been applied so you can check to see that it is what you are trying to do. It is important to check the Avg. Land Price is correct. To adjust the Avg. Land Price only just change the Adjustment Value until it equals what you are after.

If your adjustment includes value it will automatically send an adjustment journal to your accounting provider for approval.

  • Click Complete

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