To Enter an Inventory Adjustment

You create an inventory adjustment if you need to correct the quantity or cost of a particular stock item in inventory. You enter the adjustment by using the Adjustments (IN303000) form, as described in this topic.

Note: To open any form, you can navigate to it or search for it (by its name or by its form ID without periods). For more information about search capabilities, see Search.

To Enter an Inventory Adjustment

  1. Open the Adjustments (IN303000) form.
    Tip: To open the form for creating a new record, type the form ID in the Search box, and on the Search form, point at the form title and click New right of the title.
  2. On the form toolbar, click Add New Record.
  3. In the Description box in the Summary area, type the description of the transaction.
  4. On the Details tab, do the following for each stock item to be included in the adjustment:
    1. On the table toolbar, click Add Row.
    2. In the Inventory ID column of the added row, select the stock item for which you need to enter corrections.
    3. In the UOM column, make sure that the correct unit of measure is selected.
    4. If you are adjusting the item quantity, in the Quantity column, type the negative quantity to subtract units from inventory or positive quantity to add units to inventory.
    5. If you are adjusting the item cost, in the Ext. Cost column, type the negative extended cost (cost difference) to reduce the cost of inventory or positive extended cost (cost difference) to increase the cost of inventory.
    6. In the Reason Code column, select the reason code appropriate to this transaction.
    7. Press Ctrl+Enter to confirm the line.
  5. On the form toolbar, click Save.
  6. On the form toolbar, click Release to release the inventory adjustment.