INVENTORY ADJUSTMENT2018-01-21T00:32:00-04:00

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INVENTORY ADJUSTMENT

Inventory Adjustments are used to synchronize the inventory/stock to account for things that occur outside the normal business (e.g. receipts, sales, stock counts etc.).

Inventory Adjustments impact the stock ledger as the inventory value for a location is impacted. Ending stock value will be decreased/increased (Either over-valued or de-valued).

Our Benefits

  • Use the batch upload feature to update physical inventory quantities.
  • Inventory adjustments are a simple process in the system.
  • The new inventory quantity can be viewed instantly by everyone using the system.
  • Update inventory quantities in the warehouse with our mobile version.
  • Easily create inventory reports and financial reports with the actual quantities.
  • Gain greater insight into why the inventory quantity was incorrect and create strategies to reduce the occurrence.

Key Functions

  • The adjustments are reflected automatically in the system.
  • Use the comments section to make notes about the inventory such as
    missing, broken, returned to the wrong bin, etc.
  • The inventory book reflects adjustments made in the system.
  • Adjust inventory quantities using the ECOUNT Excel add-on or web form for
    batch adjustments.
  • Create detailed reports of inventory adjustments.
  • You can enter the actual quantity in the adjustment field and the program
    will calculate the difference.