Inventory stock is routinely increased through purchases (vouchers), and decreased through sales (invoices). Other types of transactions can also cause an increase or decrease in inventory, such as transferring inventory to a job, reconciling physical counts, and theft or spoilage.
The Inventory Adjustment screen allows you to transfer inventory any where in the system. To make an inventory adjustment, select Inventory Adjustments from the Data Entry, Inventory menu.
This screen is similar to the General Journal screen in the General Ledger System. The top part of the screen displays identifying information for the adjustment. The second part of the screen is a repeating form for the entry of the transactions making up the adjustment. Descriptions of the fields follow.