How to create stock adjustment

How to Create a Stock Adjustment for Products with Lot/Serial Number

1. Open the Product that you want to create a stock adjustment. 

To do that, go Inventory > Products > Products. 

2. Open the Product. 

• Check if the Product has a unit cost. The product should have a unit cost to create a journal for the stock adjustment. If there is no unit cost, the stock adjustment journal will not be created as there is no value. ( But quantity will be updated)
• Copy the name of the product.

3. After copying the name of the Product. You are now ready to create a new stock adjustment. To do that, go to Operations > Inventory Adjustments 

4. Then, click on New. 

5. As soon as you click on New. You will be directed to this page where you will be asked to provide the following information. 

• Locations - The location you want to create the stock adjustment for. You can add multiple locations as well.
• Products - Add the product name here. You can add multiple products.
• Lot/Serial Number 
• On Hand Quantity
• Counted Quantity
• User

6. After adding all the necessary information, select the relevant product by ticking the box in left & click on apply. 

07. Once you have applied, you will see this window popping up, here you can provide the reference and click Apply

If you want to request a count for several products.

1. Go to Inventory > Inventory Valuation and click on the products you want to request a count then click "REQUEST A COUNT".

2. Fill out the necessary details:

• Inventory Date: The date of the inventory you are requesting to count
• User: Select the relevant user
• Accounting Date: The date the inventory count shall be reflected
• Count: Advisable to use "Set Current Value" as we need to count based on the current value.

3. Once the physical count is done, you can then edit and click apply individually or in bulk.