Overview


Adjustments to Inventory can be used to change the stock balance either up or down. Your system comes with 2 default adjustment reasons - increase inventory and decrease inventory. You can add more to track activities specific to your business such as adjustments out for charitable donations,consumption, waste, spoilage, shrinkage and so forth.  


 

Steps


To begin, we need to navigate to “Inventory”>”Inventory Adj's”>> "+ New Adjustment" as shown below.





  • Select order store - this is the inventory you are adjusting
  • Select an adjustment reason - usually just increase or decrease the inventory
  • Add items whose inventory you wish to adjust from Search panel by scan or type any product ID (SKU, UPC, Name etc) just like the Front Register or you can also use the search function(Advanced Search) to find and add multiple items.
  • Add a note if you like 
  • You can change the qty on each line, delete lines.
  • You can Save as Draft if you are not done editing your adjustment.
  • When you are finished Save & Continue will update your inventory levels.


*Important: Keep in mind that this is only increasing or decreasing from the CURRENT stock of the item.  The quantity that you put in is the amount by which you increase or decrease from the current stock. The quantity you put in is NOT the new stock balance the item will have. Example: If I have a quantity of 5 for Red Shoes and you want to increase this by 2 so that you have a quantity of 7, you would enter ad justment quantity of 2.  You would not put in the number “7” for quantity.


Creating a New Adjustment Reason Code


To create a new Adjustment Reason Code, go to Settings>Inventory>Adjustment Reason Codes



Then press the Add New button and enter the information for a new Adjustment Reason Code.  This will appear in the dropdown menu in the Inventory Adjustment record. 





Import Adjustment to Inventory

To do a bulk adjustment of inventory levels using a CSV import, chosen the store and reason code, and then go to the Action Menu > Items and press 'Import CSV File'.  Here you can import a product list via .csv to add to the adjustment. 


For more information on how the impprt process works, see the folowing article. https://cloudv2.microbizcloud.com/support/solutions/articles/9000199754-adjust-stock-levels-import-template-v2-0-