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From time to time you may need to adjust item quantities and values. For example, if your inventory gets damaged, you may have to write off some of your inventory or revalue it.
This section explains how to make an adjustment to a single item or a few items. If you need to update the quantities of several items, see Recording stocktakes.
For examples of common inventory adjustments, see below.
When making inventory adjustments, you may find it useful to print the Items List Summary report. This report displays on-hand quantities and values of your items.
Go to the Inventory command centre and click Adjust Inventory. The Adjust Inventory window appears.
Enter details of the adjustment.
Click Record to save the inventory adjustment.
The following are some examples of inventory adjustments.
This inventory adjustment increases the number of items on hand by two and the total value of the items on hand by $700.
This inventory adjustment increases the number of items on hand by two but does not change the total value of the items. The average cost of the items will decrease as result of this adjustment.
This inventory adjustment increases the total value of the items on hand by $120 but does not change the number of items on hand. The average cost of the items will increase as a result of this adjustment.