Stock Adjustments Process Flow

Inventory Quantity Adjust is used to assign quantity adjustments for existing products within specific locations as well as any further tracking levels for that product (such as bin, lot, or serial).

To create inventory stock adjustments, perform the following steps:

  1. In Inventory Quantity Adjust, enter stock adjustments. Select the quantity type to adjust, enter a quantity adjustment, and a remark for the stock adjustment.

  2. In Inventory Adjustment Post, resolve transactions, account exceptions, and posting. Create accounting transactions, correct or update any general ledger accounts, and post to the general ledger.

  3. In Inventory Matrix Inquiry, verify inventory records. Verify the following: on-hand quantity, available quantity, allocated quantity, accounting cost, sales cost, commission cost, and last cost for each location, lot, bin, etc.