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Inventory Adjustments

Inventory Adjustments is a powerful option that allows you to make both quantity and value adjustments to inventory lots. Use inventory adjustments to make corrections to physical inventory if there is no alternative way to make the necessary inventory changes

Note that this option is different than "transferring" an item from one code to another, for which you would simply use an Inventory Transfer, Planned Transfer or a Work Order.

Available Actions

Using

Printing

Inventory Adjustments Fields

Item	The item group, item ID, and item name.
Location	For lotted items, the location of the item that requires the adjustment.
Lot	For lotted items, the lot number selected.
Costing Method	The costing method of the selected item.
Adjustment Type	The inventory-type cost adjustment type used for a value adjustment made to the selected item. NOTE: Weight only adjustments do not require a cost adjustment type.
Adjust Quantity By	The quantity to adjust up or down (limited to total adjustable quantity).
Quantity Adjustable	The total quantity that can be adjusted. NOTE: A new total can be entered.
Adjust Value By	If quantity changed, the per unit value for the quantity being added or deducted.
Adjustable Value	The total per unit cost of the item. NOTE: Enter a new value to change the cost/value of the total balance in inventory. This will adjust the value on the total available quantity (not just the amount of the adjustment).
Total Value	The total value of the adjustable quantity. NOTE: A new total can be entered. This will change the total value and per unit cost of the item selected.
Value Adjustment	The net +/- value change for the adjustment.

	Current Quantity, Current Value, New Quantity and New Value columns display the following fields:

Available	The current and new quantity of inventory that can be adjusted.
Unavailable	The current and new total unavailable quantity.
On Hold	The current and new total on-hold quantity.
Uncosted	The current and new total uncosted quantity.
On Hand	The actual amount of this item currently in inventory and the new quantity after the adjustment. NOTE: This includes all ready and hold lots, less all shipments. Lots are not decremented for costing purposes when a sales order is shipped. This occurs only when Cost of Goods Sold is run.
Per Unit	The current and new per unit value.

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