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.
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.
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-